Buy Centrica (CNA)
Centrica plc is an energy and services company. The Company's segments include Centrica Consumer, Centrica Business, and Exploration & Production. Centrica Consumer is focused on three areas, energy supply, in-home servicing and home solutions, with a geographic focus on the United Kingdom, Ireland and North America. Its United Kingdom Centrica...
This morning the energy regulator OFGEM published its long awaited report on the energy price caps.
CNA were one of the best performers in the energy sector as the result was not as bad as first feared.
Ofgem pegged the limit for how much utilities can charge households on so-called standard variable tariffs at 1,136 pounds ($1,465) a year. That’s about 7...
Centrica continues to trade in a long term down trend. The latest failure at overcoming trend resistance should set the shares up for another test of the recent lows.
We are sellers today targeting a move towards 188p, with a stop at 210p