Centrica downgraded to Neutral from Overweight at JPMorgan
JPMorgan downgraded Centrica (CPYYY) to Neutral from Overweight with a price target of 167 GBp, down from 170 GBp. Shares have outperformed the sector by about 290% since Q3 of 2020, notes the analyst, who now sees a balanced risk/reward following the outperformance.
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