Centrica (LON:CNA) Insider Buys £1,874.88 in Stock

Centrica plc (LON:CNA) insider Philippe Boisseau purchased 1,116 shares of the stock in a transaction dated Monday, December 29th. The shares were purchased at an average cost of GBX 168 per share, for a total transaction of £1,874.88.

Philippe Boisseau also recently made the following trade(s):

• On Tuesday, November 25th, Philippe Boisseau purchased 1,080 shares of Centrica stock. The stock was purchased at an average price of GBX 163 per share, for a total transaction of £1,760.40.
• On Monday, October 27th, Philippe Boisseau acquired 949 shares of Centrica stock. The shares were purchased at an average price of GBX 177 per share, with a total value of £1,679.73.

Centrica Stock Performance

CNA stock traded up GBX 0.49 during trading on Monday, reaching GBX 168.89. The stock had a trading volume of 8,443,990 shares, compared to its average volume of 30,498,424. The firm has a market cap of £7.71 billion, a PE ratio of -36.71, a PEG ratio of 0.45 and a beta of 1.08. The company has a current ratio of 1.77, a quick ratio of 0.40 and a debt-to-equity ratio of 66.48. The stock’s 50 day moving average is GBX 170.79 and its two-hundred day moving average is GBX 166.03. Centrica plc has a 52 week low of GBX 130 and a 52 week high of GBX 180.80.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on CNA. Citigroup downgraded shares of Centrica to a “neutral” rating and set a GBX 185 price objective on the stock. 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 note on Thursday, September 11th. Finally, Barclays raised shares of Centrica to an “overweight” rating and boosted their price objective for the company from GBX 180 to GBX 210 in a research report on Thursday, October 16th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus 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.