Insider Buying: Centrica (LON:CNA) Insider Acquires £972.72 in Stock

Centrica plc (LON:CNA) insider Sue Whalley purchased 579 shares of the business’s stock in a transaction dated Monday, December 29th. The stock was bought at an average cost of GBX 168 per share, for a total transaction of £972.72.

Sue Whalley also recently made the following trade(s):

• On Tuesday, November 25th, Sue Whalley acquired 600 shares of Centrica stock. The shares were bought at an average cost of GBX 163 per share, with a total value of £978.
• On Monday, October 27th, Sue Whalley bought 549 shares of Centrica stock. The stock was bought at an average cost of GBX 177 per share, for a total transaction of £971.73.

Centrica Price Performance

Shares of CNA opened at GBX 169.55 on Thursday. The company has a current ratio of 1.77, a quick ratio of 0.40 and a debt-to-equity ratio of 66.48. Centrica plc has a 1 year low of GBX 131.65 and a 1 year high of GBX 180.80. The stock has a market cap of £7.74 billion, a P/E ratio of -36.86, a price-to-earnings-growth ratio of 0.45 and a beta of 1.08. The stock’s 50-day moving average price is GBX 170.53 and its two-hundred day moving average price is GBX 166.11.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on CNA. Citigroup cut shares of Centrica to a “neutral” rating and set a GBX 185 price objective for the company. in a report on Tuesday, October 28th. Berenberg Bank lifted their price target on shares of Centrica from GBX 155 to GBX 190 and gave the stock a “buy” rating in a research report on Thursday, September 11th. Finally, Barclays upgraded shares of Centrica to an “overweight” rating and upped their price target for the company from GBX 180 to GBX 210 in a report on Thursday, October 16th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 192.80.

Centrica Company Profile

Centrica is energising a greener, fairer future for our colleagues, customers and communities. Our integrated business operates across the energy value chain, with over ten million Retail customers, leading brands such as British Gas and Bord Gáis Energy, and the UK’s largest energy services workforce. Our Infrastructure businesses bring gas and electricity to the market every day and provide more than half of the UK’s gas storage capacity, while our Optimisation business delivers world-class procurement and route-to-market capabilities to the Group and third parties, supporting energy security and our customers’ decarbonisation journeys.