Centrica plc (LON:CNA) Stock Has Average Target Price of GBX 216.33

Centrica plc (LON:CNA) has been given a consensus recommendation of “Moderate Buy” by the six research firms that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 216.33.

Separately, Berenberg Bank reduced their price target on Centrica from GBX 230 to GBX 200 and set a “buy” rating for the company in a research report on Monday, July 27th.

Centrica Trading Down 1.3%

LON CNA opened at GBX 145.80 on Monday. The firm’s 50 day moving average price is GBX 151.88 and its two-hundred day moving average price is GBX 177.31. 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 has a twelve month low of GBX 144 and a twelve month high of GBX 220.30. The stock has a market cap of £6.60 billion, a price-to-earnings ratio of 9.66, a PEG ratio of 0.45 and a beta of 0.32.

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

Insider Transactions at Centrica

In related news, insider Kevin O’Byrne purchased 68,000 shares of the firm’s stock in a transaction on Monday, September 21st. The shares were bought at an average cost of GBX 148 per share, for a total transaction of £100,640. Also, insider Sue Whalley acquired 653 shares of the firm’s stock in a transaction dated Friday, September 25th. The shares were purchased at an average cost of GBX 149 per share, for a total transaction of £972.97. Over the last quarter, insiders purchased 209,870 shares of company stock worth $31,105,515. 0.39% of the stock is currently owned by insiders.

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.