CENTRICA PLC – EQUITY RESEARCH

CENTRICA PLC – EQUITY RESEARCH

The equity research division is delighted to present Centrica Plc, a UK based multinational energy company. The company has started a strategic market repositioning due to the COVID-19 pandemic and the structural changes in the energy sector. However, according to our team the intrinsic value is captured by the current price, which we estimated £43. Therefore, our assumptions indicate a hold with possible upgrades.