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JPMorgan trims Centrica price target but remains 'overweight'

By Michele Maatouk

Date: Friday 16 May 2025

(Sharecast News) - JPMorgan Cazenove trimmed its price target on British Gas owner Centrica on Friday to 170p from 185p but said it remains 'overweight' the shares on upside from capital allocation discipline.
The bank said: "We remain positive on Centrica despite last week's trading update which implied earnings downgrades for...

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