The Economist wrote in the aftermath of the 2008 financial crash that the crisis had led to the largest number of dividend cuts and suspensions since the Great Depression of the 1930s. Income ...
British Gas owner Centrica PLC (LON:CNA) earnings are likely to miss market forecasts and a dividend cut is imminent, JP Morgan said as it downgraded the stock. In February, Centrica warned that its ...
Shares of Centrica PLC (LON:CNA) have been assigned an average recommendation of “Hold” from the twelve brokerages that are covering the stock, MarketBeat.com reports. Three investment analysts have ...
Today, Jefferies Financial Group lowered its price target on Centrica (LON:CNA) to GBX 110 per share. There are 6 Hold Ratings, 4 Sell Ratings, 2 Buy Ratings, no Strong Buy Ratings on the stock.
The drop, alongside with a fall in blue-chip Centrica (LON:CNA) which also posted results today, is weighing on the benchmark FTSE 100 index which currently stands 0.70 percent lower at 7,178.06 ...
RBC argues that a cut to Centrica’s (LON:CNA) payout to shareholders is ‘inevitable,’ Proactive Investors reports. The comments came as the analysts double-downgraded the British Gas owner ...
Shares in Centrica (LON:CNA) have fallen deep into the red in London in today’s session, as analysts at Jefferies lowered their stance on the British Gas owner, pointing to dividend risk.
Centrica (LON:CNA) was downgraded by UBS Group to a “neutral” rating in a research note issued on Wednesday, investing.thisismoney.co.uk reports. They currently have a GBX 135 ($1.76) price target on ...
Interactive Investor argues that ‘a sprinkling of negatives’ in Centrica’s (LON:CNA) latest results has overshadowed the ‘solid progress’ the British Gas owner has made, Citywire reports.
Shares in Centrica (LON:CNA) have fallen deep into the red in London in today’s session, even as the British Gas owner reiterated its targets for the full year. The company, however, expects a ...
Centrica (LON:CNA) has appointed The Weir Group’s Charles Berry as its new chairman, the British Gas owner has said. The news comes after earlier this year, the FTSE 100 group’s chairman Rick ...
IMI: Morgan Stanley upgrades to overweight with a target price of 1,410p.
While Centrica shares had been in value territory for the last six months, analysts at Jefferies now see potential for "material earnings upgrades" from the British Gas owner as a result of the recent rally in energy prices and a regulatory shift.
SSE blamed rising business costs as it announced a 6.7% increase in energy bills for households on standard rates.
Bond proxies such as Personal Goods (Unilever) or interest rate sensitive stocks (Construction, CRH) fared best at the end of the week, amid weakness in the pound and a sharp drop in longer-term Gilt yields.
With Centrica shares trading at the same level as they had been before it profit warning back in November, Morgan Stanley reassessed its stance as the British Gas owner continued to lose customers across its UK and US businesses, and faces further headwinds.
Centrica: Morgan Stanley downgrades to underweight with a target price of 115p.
Centrica said it lost 110,000 customers in the UK in the first four months of the year, although it said the "Beast from the East" snowstorm in February helped increase customer demand in a tough competitive environment.
SSE's planned merger with Npower will be subject to an in-depth investigation due by 22 October, the competition regulator said on Tuesday.
Centrica's chairman, Rick Haythornthwaite, is planning to step down within the next 12 months after six years in the role, the energy provider said on Tuesday.