Insider Buying: Centrica (LON:CNA) Insider Acquires 600 Shares of Stock

Centrica plc (LON:CNA) insider Sue Whalley purchased 600 shares of Centrica stock in a transaction that occurred on Monday, July 27th. The stock was acquired at an average cost of GBX 162 per share, with a total value of £972.

Sue Whalley also recently made the following trade(s):

• On Tuesday, May 26th, Sue Whalley acquired 490 shares of Centrica stock. The stock was acquired at an average price of GBX 199 per share, with a total value of £975.10.

Centrica Price Performance

Centrica stock traded down GBX 2.95 during trading on Monday, reaching GBX 160.05. The company had a trading volume of 49,142,801 shares, compared to its average volume of 35,809,777. The firm’s 50-day simple moving average is GBX 180.60 and its 200 day simple moving average is GBX 191.96. Centrica plc has a 1-year low of GBX 153.60 and a 1-year high of GBX 220.30. The firm has a market capitalization of £7.25 billion, a PE ratio of -106.70, a price-to-earnings-growth ratio of 0.45 and a beta of 0.34. The company has a debt-to-equity ratio of 80.68, a quick ratio of 0.40 and a current ratio of 1.43.

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

Analysts Set New Price Targets

A number of brokerages recently weighed in on CNA. Berenberg Bank decreased their price target on shares of Centrica from GBX 230 to GBX 200 and set a “buy” rating on the stock in a research note on Monday. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 225 target price on shares of Centrica in a report on Monday, May 11th. JPMorgan Chase & Co. decreased their target price on Centrica from GBX 245 to GBX 235 and set an “overweight” rating on the stock in a research report on Friday, May 15th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 210 price target on shares of Centrica in a research note on Friday, May 8th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price 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.