Insider Buying: Centrica (LON:CNA) Insider Purchases £150.23 in Stock

Centrica plc (LON:CNA) insider Russell O’Brien bought 83 shares of the business’s stock in a transaction on Monday, January 12th. The stock was purchased at an average price of GBX 181 per share, with a total value of £150.23.

Russell O’Brien also recently made the following trade(s):

• On Thursday, December 11th, Russell O’Brien purchased 90 shares of Centrica stock. The shares were purchased at an average price of GBX 167 per share, for a total transaction of £150.30.
• On Tuesday, November 11th, Russell O’Brien acquired 86 shares of Centrica stock. The stock was purchased at an average cost of GBX 176 per share, for a total transaction of £151.36.
• On Tuesday, November 11th, Russell O’Brien acquired 86 shares of Centrica stock. The stock was purchased at an average price of GBX 176 per share, with a total value of £151.36.
• On Thursday, October 30th, Russell O’Brien bought 75 shares of Centrica stock. The shares were purchased at an average cost of GBX 177 per share, with a total value of £132.75.

Centrica Price Performance

LON:CNA traded down GBX 4.40 during mid-day trading on Tuesday, reaching GBX 177.10. 18,033,369 shares of the stock were exchanged, compared to its average volume of 11,875,014. The company has a current ratio of 1.77, a quick ratio of 0.40 and a debt-to-equity ratio of 66.48. The business has a fifty day moving average price of GBX 170.11 and a 200 day moving average price of GBX 166.64. Centrica plc has a 1-year low of GBX 132.15 and a 1-year high of GBX 182.35. The firm has a market capitalization of £8.02 billion, a PE ratio of -38.50, a PEG ratio of 0.45 and a beta of 1.08.

Analyst Upgrades and Downgrades

Several analysts recently commented on CNA shares. Barclays raised shares of Centrica to an “overweight” rating and increased their target price for the company from GBX 180 to GBX 210 in a research note on Thursday, October 16th. Citigroup cut shares of Centrica to a “neutral” rating and set a GBX 185 target price for the company. in a report on Tuesday, October 28th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 192.80.

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.