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Centrica downgrades 'overdone', says US bank

Source: proactiveinvestors.com

Analyst InsightsEnergy Markets & PricesCompany Fundamentals
Centrica downgrades 'overdone', says US bank

JPMorgan added Centrica (LSE:CNA) to its Analyst Focus List while retaining an overweight rating, arguing that the market has overreacted to the company’s 2026 earnings downgrades. Analyst Pavan Mahbubani estimates 53% upside for the British Gas owner’s shares, signaling a potentially material valuation re-rating if earnings concerns ease.

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