Broker Recommendations

Broker tips: Centrica, Babcock, Ashtead

By Iain Gilbert

Date: Monday 30 Jun 2025

(Sharecast News) - JPMorgan Cazenove downgraded British Gas owner Centrica on Monday to 'neutral' from 'overweight' and trimmed its price target on the stock to 167.0p from 170.0p, citing limited valuation upside.
"Our analysis suggests that Centrica shares present a balanced risk/reward proposition and we therefore downgrade the stock to neutral,"...

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