Centrica plc (LON:CNA) Given Consensus Rating of “Moderate Buy” by Brokerages

Centrica plc (LON:CNA) has been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are currently covering the stock, MarketBeat.com reports. One research 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 analysts that have issued a report on the stock in the last year is GBX 216.33.

Several research analysts recently issued reports on the stock. Berenberg Bank reduced their price target on shares of Centrica from GBX 230 to GBX 200 and set a “buy” rating on the stock in a research report on Monday, July 27th. JPMorgan Chase & Co. lowered their price objective on shares of Centrica from GBX 245 to GBX 235 and set an “overweight” rating for the company in a research report on Friday, May 15th. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 210 target price on shares of Centrica in a research note on Friday, May 8th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 225 target price on shares of Centrica in a research report on Monday, May 11th.

Centrica Stock Down 0.4%

LON CNA opened at GBX 153.90 on Friday. The firm has a market cap of £6.97 billion, a PE ratio of 10.19, a price-to-earnings-growth ratio of 0.45 and a beta of 0.32. Centrica has a one year low of GBX 151.45 and a one year high of GBX 220.30. The stock’s 50 day simple moving average is GBX 165.81 and its 200 day simple moving average is GBX 188.10. The company has a debt-to-equity ratio of 80.68, a current ratio of 1.43 and a quick ratio of 0.40.

Centrica (LON:CNA) last issued 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%.

Insider Activity at Centrica

In related news, insider Sue Whalley acquired 600 shares of the company’s stock in a transaction that occurred on Monday, July 27th. The stock was purchased at an average price of GBX 162 per share, for a total transaction of £972. Also, insider Frank Mastiaux acquired 1,384 shares of Centrica stock in a transaction on Monday, July 27th. The shares were purchased at an average cost of GBX 162 per share, for a total transaction of £2,242.08. Insiders purchased a total of 5,450 shares of company stock valued at $966,909 in the last 90 days. 0.39% of the stock is currently owned by corporate insiders.

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.