Broker Recommendations

Citi downgrades Centrica to 'neutral', cites limited absolute upside

By Michele Maatouk

Date: Tuesday 28 Oct 2025

(Sharecast News) - Citi downgraded British Gas owner Centrica on Tuesday to 'neutral' from 'buy', citing "sound" fundamentals but limited absolute upside.
"We continue to prefer Centrica on a relative basis given its balance sheet strength and growth optionality, especially in the context of a fully valued sector," it said.

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