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4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Centrica    CNA   GB00B033F229

CENTRICA (CNA)
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Britain asks Ofgem to devise consumer energy price cap plan

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10/12/2017 | 12:49pm CEST

LONDON (Reuters) - Britain said on Thursday it would ask the regulator Ofgem to devise a price cap for consumer energy tariffs, but did not provide any specific details on how the cap would work for suppliers trying to gauge the impact on their business.

The business department set out its draft legislation, saying the price cap would initially last until 2020, with the potential to be extended by up to three years if needed. But, it gave no details on how the cap would be set.

(Reporting by Kate Holton; editing by William James)

Stocks mentioned in the article
ChangeLast1st jan.
CENTRICA 0.95% 153.6 Delayed Quote.10.78%
E.ON -0.05% 9.693 Delayed Quote.6.99%
ELECTRICITÉ DE FRANCE 0.65% 12.34 Real-time Quote.17.75%
IBERDROLA -0.51% 6.674 End-of-day quote.3.31%
INNOGY SE 0.38% 36.74 Delayed Quote.12.01%
SCOTTISH AND SOUTHERN ENERGY 0.41% 1357.5 Delayed Quote.2.42%
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Financials (GBP)
Sales 2018 28 342 M
EBIT 2018 1 487 M
Net income 2018 633 M
Debt 2018 3 090 M
Yield 2018 7,89%
P/E ratio 2018 11,90
P/E ratio 2019 12,06
EV / Sales 2018 0,42x
EV / Sales 2019 0,41x
Capitalization 8 678 M
Chart CENTRICA
Duration : Period :
Centrica Technical Analysis Chart | CNA | GB00B033F229 | 4-Traders
Technical analysis trends CENTRICA
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 18
Average target price 1,56  GBP
Spread / Average Target 2,6%
EPS Revisions
Managers
NameTitle
Iain C. Conn Chief Executive Officer & Director
Richard Neil Haythornthwaite Chairman
Jeff Bell Group Chief Financial Officer & Director
Mike Young Group Chief Information Officer
Mark Hanafin Group Executive Director & CEO- Centrica Business
Sector and Competitors
1st jan.Capitalization (M$)
CENTRICA10.78%11 307
ELECTRICITÉ DE FRANCE17.75%43 336
ENGIE-6.94%38 198
NATIONAL GRID PLC-3.90%36 741
SEMPRA ENERGY7.85%30 196
ORSTED19.37%27 357