Chris O’Shea Purchases 97 Shares of Centrica (LON:CNA) Stock

Centrica plc (LON:CNA) insider Chris O’Shea purchased 97 shares of the business’s stock in a transaction on Monday, August 10th. The stock was purchased at an average cost of GBX 154 per share, with a total value of £149.38.

Centrica Price Performance

Shares of Centrica stock traded down GBX 0.30 during trading on Tuesday, hitting GBX 153.35. The stock had a trading volume of 16,825,000 shares, compared to its average volume of 37,929,406. The company has a current ratio of 1.43, a quick ratio of 0.40 and a debt-to-equity ratio of 80.68. Centrica plc has a 12 month low of GBX 151.45 and a 12 month high of GBX 220.30. The firm has a market cap of £6.95 billion, a price-to-earnings ratio of 10.16, a P/E/G ratio of 0.45 and a beta of 0.32. The business’s 50-day moving average is GBX 171.57 and its 200 day moving average is GBX 190.07.

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

Analysts Set New Price Targets

Several brokerages have recently commented on CNA. JPMorgan Chase & Co. reduced their price objective on Centrica from GBX 245 to GBX 235 and set an “overweight” rating on the stock in a research report on Friday, May 15th. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 225 target price on shares of Centrica in a research report on Monday, May 11th. Berenberg Bank cut their price target on shares of Centrica from GBX 230 to GBX 200 and set a “buy” rating for the company in a research report on Monday, July 27th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 210 price objective on shares of Centrica in a research note on Friday, May 8th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 216.33.

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.