British gas share price 1986

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BT was the first big state-owned business to be privatised — and its flotation in was controversial. The Bill paving the way for the share sale took up more time in the House of Commons than any other measure since the Second World War. But the public loved the idea: The government sold the rest of its shares in BT in and It then fell victim to the collapse of the technology bubble in March Since then it has concentrated on its operations in Britain, benefiting from the huge popularity of broadband.

But more and more of us are using mobiles in preference to landlines, and the broadband market is fiercely competitive. Coin investments trump the FTSE. BHP warns on price volatility.

British Gas Share Price - utabumo.web.fc2.com Forums

Banks 'give poor investment advice'. The company's turnover fell by 1. The pension deficit is also a worry. Overall, the City is positive. Thirteen of the 23 analysts monitored by FactSet Research Systems rate BT shares a buy, while just four say sell. The average price target is p. If you bought British Gas shares in its famous "tell Sid" privatisation of , you would now own a portfolio of three energy-related companies.

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First, in , it split into Centrica, the retail arm, and BG, its exploration business. BG then span off Lattice, the gas pipeline operation, in Lattice merged with National Grid to form National Grid Transco two years later, with the company later becoming plain old National Grid again. All three companies are seen as solid businesses.

Centrica's British Gas retail arm has been raising prices to maintain margins; BG has some highly regarded assets in Brazil; and National Grid is a reliable dividend payer. Analysts at Evolution Securities said recent attempts by the Government to boost competition in the energy market were unlikely to have much impact on Centrica's profits. The broker said its investment case — a buy rating and a price target of p — was based on the company's "very powerful cash flow". UBS rates Centrica a buy with a price target of p.

The City is very bullish about BG Group. National Grid, by contrast, is seen as a hold.

This is the rating of 11 of the 16 brokers followed by FactSet; the average price target is p. Centrica and BG could soon be reunited, according to recent stock market rumours. New shareholders who bought into British Airways' privatisation in saw their shares soar to an instant 80pc gain.

British Gas shares have increased by 12 times in the 25 years since privatisation | Daily Mail Online

The flotation was so popular that people who applied for 5, shares received only , leaving many bitterly disappointed. On the first day of trading the shares surged from the Since then, the company has endured the shocks of September 11, health scares such as the Sars virus and the Iraq war, which all hit airlines hard, as well as the financial crisis.

It has responded by merging with one rival, Spain's Iberia, and co-operating with another, American Airlines.

Some analysts were sceptical. UBS, the Swiss bank, recently cut its price target by 20p to p, although it maintained a buy rating. The average price target among the 23 brokers monitored by FactSet is p. Twelve say buy, six hold and five sell. Find out how to invest in recovery with this free guide. Help protect yourself from Identity Fraud with CreditExpert.

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Following George Osborne's announcement of the Budget, The Telegraph looks at the numbers on the UK's economy and financial health.

George Osborne should simply abandon changes that will reduce incentives to save and create yet more uncertainty. A light-hearted quiz about the gaping maw of financial misery that perpetually threatens to devour us all.

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