Investment bank trims Centrica forecasts but sees Sizewell C as potential spark for upside

  • RBC has lowered its near-term earnings forecasts for Centrica PLC (LSE:CNA) following last week's annual general meeting, but maintains a constructive view on the stock. The Canadian bank cut its price target from 180p to 175p, retaining an 'outperform' rating, and pointed to the Sizewell C nuclear project as a potential catalyst that could support a rerating.