Centrica plc (LON:CNA) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Centrica plc (LON:CNA) have earned an average recommendation of “Moderate Buy” from the six research firms that are covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is GBX 203.67.

Several analysts have weighed in on the stock. Citigroup lifted their price objective on shares of Centrica from GBX 200 to GBX 218 and gave the stock a “buy” rating in a research note on Wednesday, March 11th. Royal Bank Of Canada lifted their price objective on shares of Centrica from GBX 200 to GBX 215 and gave the stock an “outperform” rating in a research note on Tuesday, February 3rd. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a GBX 210 price objective on shares of Centrica in a research note on Friday.

Centrica Stock Performance

Shares of LON CNA traded up GBX 0.90 during mid-day trading on Friday, reaching GBX 199.60. 77,719,688 shares of the company were exchanged, compared to its average volume of 38,960,605. The company’s 50-day simple moving average is GBX 205.90 and its 200-day simple moving average is GBX 187.29. The company has a quick ratio of 0.40, a current ratio of 1.45 and a debt-to-equity ratio of 98.77. The stock has a market capitalization of £9.04 billion, a P/E ratio of -133.07, a P/E/G ratio of 0.45 and a beta of 0.36. Centrica has a twelve month low of GBX 144.30 and a twelve month high of GBX 220.30.

Centrica (LON:CNA) last issued its quarterly earnings data on Friday, February 20th. The integrated energy company reported GBX 11.20 earnings per share for the quarter. Centrica had a net margin of 0.37% and a return on equity of 1.68%.

Insider Buying and Selling at Centrica

In other Centrica news, insider Frank Mastiaux acquired 1,208 shares of the company’s stock in a transaction on Monday, April 27th. The stock was acquired at an average price of GBX 208 per share, for a total transaction of £2,512.64. Also, insider Russell O’Brien sold 336,485 shares of the business’s stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of GBX 200, for a total transaction of £672,970. Over the last quarter, insiders have acquired 11,430 shares of company stock worth $2,216,114 and have sold 1,273,167 shares worth $254,633,400. 0.39% of the stock is currently owned by corporate insiders.

About Centrica

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.