JP Morgan has added Centrica PLC, owner of British Gas, to its Analyst Focus List, maintaining an 'overweight' rating and predicting a 53% share price increase. The bank argues that the market has overreacted to this year's earnings downgrades, which they attribute mainly to one-off factors. Despite concerns about rising bad debts and AI disrupting the retail energy market, JP Morgan believes Centrica's regulated or contracted earnings provide stable growth potential. The shares trade at 12 times forecast earnings, with expected 15% annual EPS growth through 2030 and significant dividend payouts, supported by over £1.5 billion in balance sheet headroom for further earnings or shareholder returns.
Centrica PLC is the subject of recent analyst attention, with JP Morgan maintaining an overweight rating and forecasting a 53% share price increase. For readers following the energy sector, here is Pluang's market snapshot as of Oct 02, 2026 21:41 WIB: out of 38 priced US energy stocks, 16 rose and 21 fell. Notable movers include Marathon Petroleum Corp (MPC) at USD 409.49 with a 2.54% decline and 79% buy order activity, Centrus Energy Corp (LEU) at USD 142.35 with a 2.33% gain and 72% buy order activity, and Cheniere Energy (LNG) at USD 266.36 with a 2.22% decline. The most notable figure is MPC's 79% buy order activity on Pluang.
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TransUnion has announced that its VantageScore 4.0 mortgage scores will be priced at $0.99 each until December 2028, providing stable and predictable costs for lenders. This pricing strategy follows the Federal Housing Finance Agency's decision to ex...
