Brokerages Set Centrica plc (LON:CNA) Price Target at GBX 167

Shares of Centrica plc (LON:CNA) have earned an average recommendation of “Moderate Buy” from the seven ratings firms that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, five have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is GBX 167 ($2.08).

A number of equities research analysts have commented on the company. Jefferies Financial Group reissued a “buy” rating and issued a GBX 150 ($1.87) target price on shares of Centrica in a report on Friday, December 6th. Citigroup reaffirmed a “top pick” rating on shares of Centrica in a research note on Thursday, December 5th.

Centrica Price Performance

Centrica stock opened at GBX 136.40 ($1.70) on Friday. Centrica has a one year low of GBX 112.99 ($1.41) and a one year high of GBX 155.30 ($1.93). 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 business has a fifty day moving average of GBX 130.74 and a two-hundred day moving average of GBX 127.46. The company has a market cap of £7.08 billion, a P/E ratio of 620.00, a price-to-earnings-growth ratio of 0.45 and a beta of 1.08.

Insider Transactions at Centrica

In related news, insider Amber Rudd acquired 1,672 shares of the company’s stock in a transaction that occurred on Monday, January 27th. The stock was purchased at an average price of GBX 135 ($1.68) per share, for a total transaction of £2,257.20 ($2,808.51). Insiders bought 5,281 shares of company stock valued at $680,162 in the last 90 days. 0.20% of the stock is currently owned by 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.