Centrica (LON:CNA) Insider Buys £98,500 in Stock

Centrica plc (LON:CNA) insider Jonathan Howell purchased 50,000 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was purchased at an average price of GBX 197 per share, with a total value of £98,500.

Centrica Stock Up 1.0%

Shares of CNA stock traded up GBX 2.05 during mid-day trading on Friday, hitting GBX 201. The stock had a trading volume of 31,474,973 shares, compared to its average volume of 36,109,418. Centrica plc has a 12-month low of GBX 152.45 and a 12-month high of GBX 220.30. The firm has a market capitalization of £9.10 billion, a P/E ratio of -134.00, a price-to-earnings-growth ratio of 0.45 and a beta of 0.36. The firm’s 50-day moving average is GBX 206.55 and its two-hundred day moving average is GBX 188.81. The company has a debt-to-equity ratio of 98.77, a current ratio of 1.45 and a quick ratio of 0.40.

Centrica (LON:CNA) last released its quarterly earnings data on Friday, February 20th. The integrated energy company reported GBX 11.20 earnings per share for the quarter. Centrica had a net margin of 0.37% and a return on equity of 1.68%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Jefferies Financial Group restated a “hold” rating and issued a GBX 210 price target on shares of Centrica in a report on Friday, May 8th. Citigroup increased their target price on shares of Centrica from GBX 200 to GBX 218 and gave the company a “buy” rating in a research report on Wednesday, March 11th. JPMorgan Chase & Co. lowered their target price on shares of Centrica from GBX 245 to GBX 235 and set an “overweight” rating for the company in a research note on Friday, May 15th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 225 price target on shares of Centrica in a report on Monday, May 11th. Finally, Berenberg Bank increased their price objective on Centrica from GBX 190 to GBX 230 and gave the company a “buy” rating in a report on Monday. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of GBX 221.33.

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.