Kepler Cheuvreux analyst Ingo Becker downgraded Centrica (CPYYY) to Reduce from Hold with an unchanged price target of 165 GBp. The firm views the recent share recovery as unjustified.
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Read More on CPYYY:
- Centrica downgraded to Equal Weight from Overweight at Morgan Stanley
- Centrica downgraded to Hold from Buy at Jefferies
- Centrica: Fairly Valued With Limited Near-Term Catalysts and Unclear Post-2028 Growth, Justifying a Hold Rating
- Centrica price target raised to 232 GBp from 205 GBp at Goldman Sachs
- Centrica price target raised to 225 GBp from 215 GBp at RBC Capital
