2017 financial performance remains subject to the usual variables of commodity prices, weather and asset performance over the balance of the year and the impact of an uncertain competitive and regulatory environment for the United Kingdom energy supply business.
In comments accompanying its trading update the energy giant Centrica that it has had regular dialogue with ministers and proposed "alternative ways" to improve the market and address concerns without resorting to price regulation.
Finally, Macquarie restated an "outperform" rating and set a GBX 280 ($3.62) price target on shares of Centrica PLC in a research note on Monday, January 30th.
Last month work and pensions secretary Damian Green confirmed that the government will cap energy prices if it wins the general election in June.
May said the plan would save about 17 million families on poor standard variable tariffs as much as £100 a year.
Just yesterday Centrica PLC (LON:CNA) traded -1.51% lower at 194.60GBX.
The recent price hikes have marked a sharp turnaround from early 2015, when four of Britain's "Big Six" energy companies cut their tariffs on the back of a decline in gas prices.
Centrica, the owner of British Gas, said at its annual general meeting at the start of the week that its profits from supplying energy have been "flat to falling" in the last seven years.
Calls for Aggressive Offensive to Combat India's Maoist Rebels
Singh also asked the CAPF personnel to learn and respect the local customs and traditions of tribals, wherever they are posted. Union Home Minister Rajnath Singh chairs a meeting with CMs of left wing extremism-hit states and other ministers in Delhi.
Hargreaves Lansdown analyst George Salmon said although factors such as the proposed price cap, lower energy consumption and falling gas prices could be seen as dark clouds, the broader outlook for Centrica was more positive.
Britain's largest provider of domestic energy, Centrica, told investors that May's policy could be counterproductive, as it might lead to less competition and higher prices in the long term.
In a report released on 05/08/2017 Kepler Cheuvreux hold steady the stock price target of Centrica PLC (LON:CNA) from 190.00GBX to 190.00GBX reporting a possible downside of -0.02%.
Combined profits of the suppliers rose by 7.8%, or almost £1.1bn, in 2016.
He added: "With the Conservatives nearly certain to win a majority, it's highly likely the pledge will be carried out".
Asset manager Henderson (HGGH.L) benefited from a UBS upgrade and rose to join the top mid-cap gainers, up 2.3 percent and on track for its best day in six months.
The industry has argued that a price cap would wipe out competition and damage investment.
Centrica also said output from its exploration and production (E&P) unit was "broadly on plan" to the end of April, despite an extended maintenance outage at Morecambe, with the Cygnus gas field performing ahead of expectations.