Centrica plc (LON:CNA) Insider Acquires £149.94 in Stock

Centrica plc (LON:CNA) insider Russell O’Brien bought 119 shares of Centrica stock in a transaction that occurred on Monday, August 12th. The stock was purchased at an average cost of GBX 126 ($1.61) per share, with a total value of £149.94 ($191.45).

Russell O’Brien also recently made the following trade(s):

• On Wednesday, July 10th, Russell O’Brien bought 108 shares of Centrica stock. The stock was purchased at an average cost of GBX 140 ($1.79) per share, with a total value of £151.20 ($193.05).
• On Tuesday, June 11th, Russell O’Brien bought 112 shares of Centrica stock. The stock was purchased at an average cost of GBX 133 ($1.70) per share, with a total value of £148.96 ($190.19).

Centrica Stock Up 0.7 %

LON CNA opened at GBX 127.95 ($1.63) on Friday. The company has a debt-to-equity ratio of 61.65, a quick ratio of 0.40 and a current ratio of 1.77. The company has a market capitalization of £6.68 billion, a P/E ratio of 581.59, a P/E/G ratio of 0.45 and a beta of 1.11. Centrica plc has a one year low of GBX 120.80 ($1.54) and a one year high of GBX 173.70 ($2.22). The stock has a 50 day moving average price of GBX 133.91 and a 200-day moving average price of GBX 133.15.

Centrica Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, November 14th. Stockholders of record on Thursday, October 3rd will be given a dividend of GBX 1.50 ($0.02) per share. The ex-dividend date is Thursday, October 3rd. This represents a dividend yield of 1.05%. Centrica’s dividend payout ratio is currently 1,818.18%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Berenberg Bank raised shares of Centrica to a “buy” rating and increased their target price for the stock from GBX 130 ($1.66) to GBX 155 ($1.98) in a report on Friday, June 28th. Barclays reduced their target price on shares of Centrica from GBX 205 ($2.62) to GBX 190 ($2.43) and set an “underweight” rating for the company in a report on Wednesday, May 15th. Royal Bank of Canada upgraded Centrica to an “outperform” rating and upped their price target for the stock from GBX 145 ($1.85) to GBX 170 ($2.17) in a research note on Friday, May 31st. UBS Group upgraded Centrica to a “buy” rating and upped their price target for the stock from GBX 165 ($2.11) to GBX 170 ($2.17) in a research note on Wednesday, May 8th. Finally, JPMorgan Chase & Co. restated an “overweight” rating on shares of Centrica in a research note on Friday, July 5th. One research analyst has rated the stock with a sell rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Centrica currently has an average rating of “Moderate Buy” and an average price target of GBX 171.25 ($2.19).

About Centrica

Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally. The company operates through British Gas Services & Solutions, British Gas Energy, Centrica Business Solutions, Bord Gáis Energy, Centrica Energy, and Upstream segments.