Centrica plc (LON:CNA) Receives GBX 185.67 Average PT from Analysts

Centrica plc (LON:CNA) has been given an average rating of “Moderate Buy” by the six research firms that are currently covering the firm, 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 12 month price objective among brokerages that have issued a report on the stock in the last year is GBX 185.67.

CNA has been the topic of a number of research analyst reports. Berenberg Bank boosted their target price on shares of Centrica from GBX 155 to GBX 190 and gave the company a “buy” rating in a research note on Thursday, September 11th. JPMorgan Chase & Co. boosted their target price on shares of Centrica from GBX 177 to GBX 179 and gave the company a “neutral” rating in a research note on Friday, August 15th. Citigroup reiterated a “buy” rating and issued a GBX 185 target price on shares of Centrica in a research note on Friday, August 15th. Royal Bank Of Canada boosted their target price on shares of Centrica from GBX 175 to GBX 200 and gave the company an “outperform” rating in a research note on Tuesday, July 29th. Finally, Barclays upgraded shares of Centrica to an “overweight” rating and boosted their target price for the company from GBX 180 to GBX 210 in a research note on Thursday, October 16th.

Insider Activity at Centrica

In other Centrica news, insider Sue Whalley purchased 586 shares of the stock in a transaction dated Thursday, September 25th. The shares were bought at an average price of GBX 166 per share, with a total value of £972.76. Also, insider Philippe Boisseau purchased 1,011 shares of the stock in a transaction dated Thursday, September 25th. The stock was acquired at an average cost of GBX 166 per share, for a total transaction of £1,678.26. In the last three months, insiders bought 4,210 shares of company stock worth $692,324. Insiders own 0.22% of the company’s stock.

Centrica Stock Up 0.9%

Centrica stock opened at GBX 176.40 on Thursday. Centrica has a fifty-two week low of GBX 112.99 and a fifty-two week high of GBX 176.45. The stock has a market cap of £8.21 billion, a PE ratio of -38.35, a price-to-earnings-growth ratio of 0.45 and a beta of 1.08. The firm’s 50-day simple moving average is GBX 165.55 and its 200 day simple moving average is GBX 160.12. The company has a debt-to-equity ratio of 66.48, a quick ratio of 0.40 and a current ratio of 1.77.

Centrica (LON:CNA) last released its earnings results on Thursday, July 24th. The integrated energy company reported GBX 7 earnings per share for the quarter. Centrica had a net margin of 5.39% and a return on equity of 25.16%.

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.