Centrica PLC
CNA: XLON (GBR)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
GBX 884.00 | Hvc | Ytfbqsyd |
Cash-Flush Centrica To Buy Back 5% of Its Shares and We Cannot Agree More
We plan to raise our GBX 130 fair value estimate by a high-single-digit rate after no-moat Centrica announced it will buy back 5% of its shares and sharply raised its 2022 guidance for the second time in a row. Shares are still materially undervalued after the high-single-digit jump at the time of writing.