Broker Recommendations

Peel Hunt downgrades Ceres Power, shares tumble

By Michele Maatouk

Date: Thursday 09 Apr 2026

(Sharecast News) - Ceres Power tanked on Thursday after Peel Hunt downgraded the shares to 'sell' from 'hold' saying the valuation reflects an overly optimistic growth view.
The broker - which lifted its price target to 200p from 190p following forecast revisions - said the Centrica collaboration hype appears "premature".

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