Citi stays at 'buy' on Centrica

19th Feb 2024 12:17

(Sharecast News) - Analysts at Citi reiterated their 'buy' rating on energy and services company Centrica on Monday following the publication of the group's full-year results.

Read more

London close: Stocks manage gains despite UK recession news

15th Feb 2024 14:55

(Sharecast News) - London markets had a mixed but ultimately positive day of trading on Thursday, despite news that the UK fell into a technical recession at the end of 2023.

Read more

Centrica posts fall in annual profit on lower energy prices

15th Feb 2024 07:02

(Sharecast News) - British Gas owner Centrica posted a fall in annual profits on the back of "sharply lower" commodity prices.

Read more

London close: Stocks make small gains in wake of rate decisions

18th Dec 2023 15:35

(Sharecast News) - London stocks closed with minimal changes on Monday, following a week marked by significant central bank decisions.

Read more

London close: Stocks tumble on Powell comments as GDP stagnates

10th Nov 2023 15:45

(Sharecast News) - London markets declined on Friday as investors reacted to hawkish remarks by Federal Reserve chair Jerome Powell made overnight.

Read more

Energy firms fined £10.8m for missing smart meter targets

9th Nov 2023 07:18

(Sharecast News) - Energy suppliers including British Gas and Ovo have been fined nearly £11m for failing to meet smart meter installation targets.

Read more

Citi ups Centrica price target, reiterates 'buy'

31st Oct 2023 10:42

(Sharecast News) - Citi reiterated its 'buy' rating on Centrica on Tuesday and lifted the price target to 180p from 155p, saying it was attractive relative to the sector.

Read more

London close: Stocks finish choppy session in the red

27th Sep 2023 14:13

(Sharecast News) - London's stock markets presented a downbeat picture at the close of Wednesday's trading session.

Read more

Bank of America ML downgrades Centrica, says shares approaching fair value

27th Sep 2023 13:52

(Sharecast News) - Bank of America Merrill Lynch downgraded Centrica to 'equalweight' from 'overweight' on Wednesday and said it would switch into SSE, Engie or Fortum.

Read more

Liberum starts Centrica at 'sell'

27th Sep 2023 08:59

(Sharecast News) - Liberum initiated coverage of British Gas owner Centrica on Wednesday with a 'sell' rating and 150p price target.

Read more

Citi reiterates 'buy' on Centrica

28th Jul 2023 16:09

(Sharecast News) - Citi reiterated its 'buy' rating on British Gas owner Centrica on Friday as it said the company's capital markets day "ticked many boxes".

Read more

Centrica gets a boost as British Gas profits surge

27th Jul 2023 08:09

(Sharecast News) - Centrica posted a jump in interim profit on Thursday as profits at British Gas surged amid rising energy prices.

Read more

Director dealings: Centrica board member invests, Spirent CFO uses purchase plan

25th Jul 2023 11:06

(Sharecast News) - Centrica found itself on the list of buys on a relatively quiet Tuesday for director deals, after one of its non-executive directors picked up almost 1,500 shares.

Read more

Centrica signs $8bn LNG supply deal with Delfin Midstream

11th Jul 2023 07:04

(Sharecast News) - UK energy company Centrica on Tuesday said it had signed an $8bn deal with US-based Delfin Midstream to buy 1.0 million of liquefied natural gas a year for 15-years.

Read more

Centrica increases Rough gas storage facility

30th Jun 2023 07:28

(Sharecast News) - Energy group Centrica has increased capacity its previously mothballed Rough gas storage facility, it confirmed on Friday.

Read more