Three back Centrica

Article Abstract:

Centrica faces two problems, competition in the UK market for gas supply to households, and gas buying obligations. Analysts see concern about these problems as exaggerated, and three brokers rate the company's stocks a buy, from a sample of six, while two rate them a sell and one rates them a hold. The buyers are Credit Lyonnais Laing, Panmure Gordon and ABN-Amro Hoare Govett. Dresdner Kleinwort Benson and Greig Middleton are sellers. Salomon Brothers is a holder and sees Centrica as a buyer only over the long term.

Natural Gas Distribution, Gas Production and Distribution, Gas Distribution, Gas industry, Centrica PLC

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National Grid

Article Abstract:

UK electricity transmission and telecoms firm National Grid has good growth prospects, mainly due to its expansion in the US electricity sector. The firm's shares are seen as a low-risk buy.

COMMUNICATION, Communications, Broadcasting and Telecommunications, Electric services, Electric Bulk Power Transmission and Control, Electric Power Transmission, Electric utilities, Telecommunications services industry, Telecommunications industry, National Grid Group PLC

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Subjects list: Securities
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