Centrica : Barclays maintient son conseil d’achat mais réduit son objectif de cours.

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Barclays, a leading financial institution, has recently announced its continued support for Centrica shares, despite lowering its target price for the company. The decision to lower the target price from 205 pence to 190 pence was based on a revision of Centrica’s earnings per share (EPS) estimates for the years 2024 and 2025.

Centrica, a British multinational energy and services company, has faced challenges in the market this year, underperforming compared to its peers. However, Barclays remains optimistic about the company’s future prospects, citing several key factors that could potentially lead to a turnaround.

One of the main reasons for Barclays’ positive recommendation is the expected recovery in gas prices. As a major player in the energy sector, Centrica stands to benefit from an increase in gas prices, which could boost its revenue and profitability in the coming years.

In addition, Barclays highlighted Centrica’s EPS resilience as a key strength. Despite the challenges faced by the company, Centrica has demonstrated its ability to maintain a stable EPS, which bodes well for its future performance.

Furthermore, Barclays emphasized the importance of clarity on investments for Centrica. By providing clear guidance on its investment strategies and priorities, Centrica can instill confidence in investors and stakeholders, potentially driving up its stock price.

Lastly, Barclays mentioned the possibility of a buyback extension as a potential catalyst for Centrica’s turnaround. A buyback extension could signal to the market that Centrica believes its stock is undervalued, which could attract more investors and drive up demand for its shares.

Overall, Barclays’ decision to maintain a positive recommendation on Centrica shares, despite lowering its target price, reflects its confidence in the company’s long-term prospects. While Centrica may have faced challenges in the short term, Barclays believes that the company has the potential to rebound and deliver strong returns for investors in the future. Investors are advised to keep a close eye on Centrica’s performance and any developments that could impact its stock price in the coming months.


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Questions les plus fréquemment posées sur cette actualité.

What is Barclays’ current recommendation on Centrica shares?

Barclays currently has an “Overweight” recommendation on Centrica shares.

Why did Barclays lower its target price for Centrica shares?

Barclays lowered its target price for Centrica shares due to concerns about the company’s financial performance, increasing competition in the energy market, and uncertainty surrounding regulatory changes in the industry. Additionally, Centrica has faced challenges such as declining profits and customer losses, which have led Barclays to revise its outlook on the company’s stock.

What factors does Barclays believe could lead to a turnaround for Centrica in the future?

Barclays believes that several factors could lead to a turnaround for Centrica in the future, including:

1. Cost-cutting measures: Centrica has already implemented cost-cutting measures to improve efficiency and reduce expenses. Barclays believes that further cost-cutting initiatives could help improve the company’s financial performance.

2. Focus on core businesses: Centrica has announced plans to focus on its core businesses, such as energy supply and services, and divest non-core assets. Barclays believes that this strategic focus could help Centrica streamline its operations and improve profitability.

3. Renewable energy investments: Centrica has made investments in renewable energy projects, such as offshore wind farms. Barclays believes that a continued focus on renewable energy could help Centrica capitalize on the growing demand for clean energy solutions.

4. Customer retention and acquisition: Centrica has faced challenges in retaining and acquiring customers in recent years. Barclays believes that improving customer satisfaction and loyalty could help Centrica stabilize its customer base and drive revenue growth.

5. Regulatory environment: Centrica operates in a highly regulated industry, and changes in regulations could impact the company’s financial performance. Barclays believes that Centrica’s ability to adapt to regulatory changes and comply with industry standards will be critical to its future success.

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  • Barclays: A leading financial institution that has recently announced its continued support for Centrica shares, despite lowering its target price for the company.
  • Centrica: A British multinational energy and services company that has faced challenges in the market this year, underperforming compared to its peers. Barclays remains optimistic about the company’s future prospects, citing several key factors that could potentially lead to a turnaround.

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