Centrica’s (CNA) “Buy” Rating Reiterated at Jefferies Financial Group

Centrica (LON:CNA)‘s stock had its “buy” rating reissued by research analysts at Jefferies Financial Group in a research report issued to clients and investors on Tuesday, Digital Look reports. They presently have a GBX 200 target price on the integrated energy company’s stock. Jefferies Financial Group‘s price target would indicate a potential upside of 30.21% from the stock’s previous close.

Separately, Berenberg Bank cut their price objective 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. Five research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of GBX 215.60.

Centrica Trading Up 2.5%

Shares of CNA opened at GBX 153.60 on Tuesday. The business’s 50-day moving average price is GBX 150.23 and its 200-day moving average price is GBX 178.32. Centrica has a twelve month low of GBX 144 and a twelve month high of GBX 220.30. The stock has a market cap of £6.96 billion, a PE ratio of 10.17, a P/E/G ratio of 0.45 and a beta of 0.32. The company has a quick ratio of 0.40, a current ratio of 1.43 and a debt-to-equity ratio of 80.68.

Insider Transactions at Centrica

In other Centrica news, insider Sue Whalley acquired 653 shares of the stock in a transaction that occurred on Friday, September 25th. The shares were bought at an average price of GBX 149 per share, for a total transaction of £972.97. Also, insider Chris O’Shea acquired 68,055 shares of the stock in a transaction that occurred on Monday, September 21st. The stock was acquired at an average price of GBX 148 per share, for a total transaction of £100,721.40. In the last quarter, insiders have purchased 210,152 shares of company stock valued at $31,121,550. Corporate insiders own 0.39% of the company’s stock.

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.