Centrica Share Price Slides as JPMorgan Downgrades Stock on Diminishing Upside
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Centrica Share Price Slides as JPMorgan Downgrades Stock on Diminishing Upside
Centrica (LON:CNA) is under pressure this morning after JPMorgan downgraded the stock from “Overweight” to “Neutral,” shaving its price target slightly from 170p to 167p. Shares were trading around 160.35p in early London trade, down more than 2%, as investors reassess the company’s near-term potential after years of outperformance. Massive Rally Fades into Valuation Concerns The downgrade follows an impressive run, Centrica shares have soared n…
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