Centrica’s (CNA) Outperform Rating Reaffirmed at Royal Bank Of Canada

Centrica (LON:CNA)‘s stock had its “outperform” rating reissued by equities research analysts at Royal Bank Of Canada in a report issued on Monday,London Stock Exchange reports. They presently have a GBX 225 price target on the integrated energy company’s stock. Royal Bank Of Canada’s price target indicates a potential upside of 12.22% from the company’s current price.

A number of other equities analysts also recently commented on CNA. Jefferies Financial Group restated a “hold” rating and issued a GBX 210 target price on shares of Centrica in a research note on Friday. Citigroup lifted their target price on Centrica from GBX 200 to GBX 218 and gave the company a “buy” rating in a research note on Wednesday, March 11th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 205.33.

Centrica Stock Up 0.1%

Shares of Centrica stock opened at GBX 200.50 on Monday. The company has a quick ratio of 0.40, a current ratio of 1.45 and a debt-to-equity ratio of 98.77. The firm has a market cap of £9.08 billion, a P/E ratio of -133.67, a P/E/G ratio of 0.45 and a beta of 0.36. Centrica has a fifty-two week low of GBX 144.30 and a fifty-two week high of GBX 220.30. The business has a 50-day moving average price of GBX 205.90 and a 200 day moving average price of GBX 187.29.

Centrica (LON:CNA) last announced 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 return on equity of 1.68% and a net margin of 0.37%.

Insider Buying and Selling

In related news, insider Frank Mastiaux bought 7,544 shares of the firm’s stock in a transaction on Wednesday, February 25th. The stock was bought at an average cost of GBX 190 per share, for a total transaction of £14,333.60. Also, insider Russell O’Brien sold 336,485 shares of Centrica stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of GBX 200, for a total value of £672,970. In the last ninety days, insiders have purchased 11,430 shares of company stock valued at $2,216,114 and have sold 1,273,167 shares valued at $254,633,400. Company insiders own 0.39% of the company’s stock.

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.