Insider Buying: Centrica (LON:CNA) Insider Buys 88 Shares of Stock

Centrica plc (LON:CNA) insider Chris O’Shea acquired 88 shares of the stock in a transaction on Friday, July 10th. The stock was bought at an average cost of GBX 171 per share, with a total value of £150.48.

Centrica Trading Up 0.6%

Shares of LON CNA traded up GBX 1.07 during trading hours on Monday, reaching GBX 171.85. The stock had a trading volume of 13,966,647 shares, compared to its average volume of 36,375,434. Centrica plc has a 52-week low of GBX 152.45 and a 52-week high of GBX 220.30. The firm has a market cap of £7.78 billion, a price-to-earnings ratio of -114.57, a P/E/G ratio of 0.45 and a beta of 0.34. The business’s fifty day moving average price is GBX 186.87 and its two-hundred day moving average price is GBX 191.82. The company has a current ratio of 1.45, a quick ratio of 0.40 and a debt-to-equity ratio of 92.58.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on CNA. Berenberg Bank raised their target price on shares of Centrica from GBX 190 to GBX 230 and gave the company a “buy” rating in a research note on Monday, May 18th. Jefferies Financial Group restated a “hold” rating and set a GBX 210 price objective on shares of Centrica in a report on Friday, May 8th. Royal Bank Of Canada restated an “outperform” rating and set a GBX 225 price target on shares of Centrica in a research note on Monday, May 11th. Finally, JPMorgan Chase & Co. lowered their price target on Centrica from GBX 245 to GBX 235 and set an “overweight” rating for the company in a research report on Friday, May 15th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 221.33.

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.