JPMorgan analyst Pavan Mahbubani upgraded Centrica (CPYYY) to Overweight from Neutral with a 203 GBp price target The company’s discipline on capital allocation underpins the firm’s positive stance, and JPMorgan contends that 2026 will begin a period of transformation efficiency, with expectations of an announcement alongside FY25 results driving its above-consensus medium term estimates, the analyst tells investors in a research note.
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