Citi upgraded Centrica (CPYYY) to Buy from Neutral with a price target of 218 GBp, up from 200 GBp. The firm sees the company as well positioned to benefit from the UK government pushing low-carbon generation amid higher gas prices.
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Read More on CPYYY:
- Centrica downgraded to Reduce from Hold at Kepler Cheuvreux
- 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