British Gas loses customers in price cap row

Reuters

Five of the six main energy companies, including EDF Energy and Npower, have increased prices in recent months.

Among 7 analysts covering Key Energy (NYSE:KEG), 2 have Buy rating, 0 Sell and 5 Hold.

A number of research firms have recently weighed in on CNA.

The share price of the company (CPYYY) was up +1.55%, with a high of 10.53 during the day and the volume of Centrica PLC shares traded was 21764.

Previously on 5/05/2017, Deutsche Bank reported on Centrica PLC (LON:CNA) held steady the target price at 180.00GBX.

05/09/2016 - Centrica PLC had its "neutral" rating reiterated by analysts at Citigroup. The stock was bought at an average cost of GBX 216 ($2.79) per share, with a total value of £2,339.28 ($3,020.37). The shares were acquired at an average price of GBX 202 ($2.61) per share, for a total transaction of £1,981.62 ($2,562.88).

May past year praised free markets and free trade in a speech to party activists but also said that she would be prepared to intervene where markets were dysfunctional or where companies were exploiting the failures of the market. If you are accessing this story on another site, it was stolen and reposted in violation of global copyright & trademark legislation. The original version of this piece can be read at https://www.chaffeybreeze.com/2017/05/09/brokerages-set-centrica-plc-cna-pt-at-219-65-updated.html.

Centrica PLC has 5,479,529,000 shares now held by shareholders which now trade around the 203 mark which totals Centrica PLC's market capitalisation to 11.12B GBP.

Otherwise overall United Kingdom shares began slightly higher at the start of Tuesday trading. The company's market cap is GBX 10.77 billion.

In a research note revealed to clients by Beaufort Securities on 9 May, Centrica PLC (LON:CNA) stock Buy was restate. Stockholders of record on Thursday, May 11th will be given a GBX 8.40 ($0.11) dividend. This represents a yield of 3.72%.

Centrica is a top holding for managers in both the IA UK All Companies sector as a recovery play, and the IA UK Equity Income sector for its dividends.

Britain's largest energy supplier, Centrica, warned that warm weather and weaker commodity prices in the first quarter had hurt its margins at its energy supply business but it stopped short of revising any annual financial targets.

The utility said warmer than normal weather so far has resulted in lower than planned consumption in the United Kingdom and North America while wholesale oil, gas and baseload power prices have fallen in the United Kingdom since February.

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