Centrica plc (LON:CNA) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Centrica plc (LON:CNA) has received a consensus recommendation of “Moderate Buy” from the six analysts that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is GBX 216.33.

A number of research analysts recently commented on CNA shares. JPMorgan Chase & Co. reduced their price target on Centrica from GBX 245 to GBX 235 and set an “overweight” rating for the company in a report on Friday, May 15th. Berenberg Bank cut their target price on Centrica from GBX 230 to GBX 200 and set a “buy” rating on the stock in a research report on Monday, July 27th.

Centrica Stock Performance

LON:CNA opened at GBX 151.60 on Thursday. The company has a debt-to-equity ratio of 80.68, a current ratio of 1.43 and a quick ratio of 0.40. The firm has a 50-day moving average of GBX 160.08 and a two-hundred day moving average of GBX 184.40. The stock has a market cap of £6.87 billion, a P/E ratio of 10.04, a PEG ratio of 0.45 and a beta of 0.32. Centrica has a 1-year low of GBX 146.79 and a 1-year high of GBX 220.30.

Centrica (LON:CNA) last announced its earnings results on Thursday, July 23rd. The integrated energy company reported GBX 6.80 earnings per share for the quarter. Centrica had a return on equity of 21.92% and a net margin of 3.64%.

Insiders Place Their Bets

In related news, insider Frank Mastiaux acquired 1,448 shares of Centrica stock in a transaction on Tuesday, August 25th. The shares were purchased at an average cost of GBX 155 per share, for a total transaction of £2,244.40. Also, insider Sue Whalley acquired 600 shares of the firm’s stock in a transaction on Monday, July 27th. The shares were bought at an average cost of GBX 162 per share, with a total value of £972. In the last 90 days, insiders purchased 5,002 shares of company stock valued at $816,151. Insiders own 0.22% of the company’s stock.

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.