Centrica Share Discussion Threads

[orchestralis] 24/5/2022 08:56

SSE drop 8% as well

[supermarky] 24/5/2022 08:48

This is just to frighten me thinks.

[spawny100] 24/5/2022 08:42

Windfall tax on electricity generators being touted by Sunak. Stupid idea. Will only push the price higher for consumers so I can't see it happening.

[1224saj] 24/5/2022 08:41

Down nearly 10% with no market news. The comment " to keep it out of the ftse " would suggest as always, PI's are fed the news that the MM want us to believe :-(

[supermarky] 24/5/2022 08:38

is this a tree shake? Can't see any news to support such a drop mmmmmmmmm

[ariane] 24/5/2022 08:35

DASTEDLY PLOT TO KEEP IT OUT OF THE FT100

[orchestralis] 24/5/2022 08:30

Windfall tax concerns?

[supermarky] 24/5/2022 08:27

Seemingly so. Why down 8% ?

[supermarky] 24/5/2022 06:38

So nice to see as a long term holder who stood firm and also bought a few near the lows. Glad i didn't sell and crystallize a huge loss at the lows. Now this is pretty much the exact opposite of the constant bad years. Happier times. Every day my paper loss is diminishing.

[diohohku] 23/5/2022 19:31

And up! Looks like someone has fallen off their surf board! 😇

[la forge] 21/5/2022 10:32

waldron
19 May '22 - 20:22 - 1056 of 1058
0 2 1




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Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

Differing views via The Fool expected

We for our part will take what we will


What ever the view the share price is still rising towards that 100p target

[scemer] 21/5/2022 09:48

Waldron obviously fool by name fool by nature but each to their own they make me laugh one talks it up then one talks it down. I suppose by that there covered and making print

[diohohku] 20/5/2022 13:38

Centrica just keeps going up and up and up. 😇

[skinny] 20/5/2022 10:30

Another post covid high @89.20p.

[norma_noog] 19/5/2022 22:08

CNA closing share price 86.64, down 1.22, minus 1.39%.

[hamhamham1] 18/5/2022 18:36

125p target for RBC, jeez don't tell discodave that, what a plonker he was, and worst of all, he couldn't admit he was wrong!

[scemer] 18/5/2022 16:08

Fiona really it's the ones that have gone bust who have fleeced us all who bought business they could not manage and now we are copping for it. What do you think the caps for!

[waldron] 18/5/2022 14:32

Centrica
87.12 +3.05%

[waldron] 18/5/2022 13:40

RBC ups price target on Centrica

Mon, 16th May 2022 13:40
Sharecast News

(Sharecast News) - RBC Capital Markets has reiterated its 'outperform' rating on Centrica

, as it upped its price target.

In a note published on Monday, RBC said commodity prices were driving "meaningfully higher" earnings per share near-term for the owner of British Gas, with strong performances in particular its exploration and production and nuclear units.

It said: "We recognise these segments are not core to Centrica, as both are limited life and commodities

are likely to moderate.

"However, cash generation cannot be ignored. Investable opportunities for Centrica at the moment, so we now model 10%-around £500m annual buybacks to show potential returns from investing surplus cashflows.

"Under this scenario, Centrica remains debt free but 2030 EPS progress to around 19p per share from 9p per share in a no buyback scenario."



It concluded: "The strategic future for Centrica remains difficult to predict, and we expect more clarity at the half-year results in July. However, cashflow generation is exceptional mid-term, with free cashflow yields, post capex, of around 20-25%. If used for buy-backs, these cashflows can generate meaningfula EPS growth

."

RBC's price target is now 125p, up from 90p. As at 1340 BST, shares in the firm were ahead 4% at 80.1p.

[fionascott1234] 18/5/2022 13:08

It just shows how the Public is being fleeced by this company.

[la forge] 18/5/2022 12:23

Analysts at RBC Capital Markets raised their target price on energy services firm Centrica from 90.0p to 125.0p on Monday, citing "exceptional" mid-term cashflow generation and free cash flow yields of roughly 20-25%.

RBC Capital said higher commodities

had resulted in "meaningfully higher" near-term earnings per share at Centrica, principally driven by E&P and nuclear.

Although RBC recognised that neither of the aforementioned segments were core to Centrica, as both were limited-life and commodities were likely to moderate, it noted that cash generation cannot be ignored.

The Canadian bank said investable opportunities for Centrica were "hard to identify" at the moment, so it has now modelled four 10%, or roughly £500.0m, in annual buy-backs to show potential returns from investing

surplus cashflows.

Under this scenario, Centrica still remains debt-free, highlighted the analysts, but 2030 EPS would progress to approximately 19.0p per share from roughly 9.0p in a no-buy-back scenario.

"The strategic future for CNA remains difficult to predict, and we expect more clarity at H1 results in July. However, cash flow generation is exceptional mid-term with FCF yields, post capex, of ~20-25%. If used for buy-backs, these cashflows can generate meaningful EPS growth," said the analysts, who also reiterated their 'outperform' rating on the stock.

[skinny] 18/5/2022 12:22

88.02p - highest since before covid.