Centrica (LON:CNA) Insider Chris O’Shea Buys 97 Shares

Key Points

• Insider purchase: Centrica director Chris O’Shea bought 97 shares at GBX 154 each, for a total of £149.38.
• Stock performance: Centrica shares traded at GBX 153.35, near the company’s 12-month low of GBX 151.45 and below both its 50-day and 200-day moving averages.
• Analyst outlook: Centrica has a consensus “Moderate Buy” rating from analysts, with a consensus price target of GBX 216.33, despite several recent target-price reductions.

Centrica plc (LON:CNA - Get Free Report) insider Chris O’Shea bought 97 shares of the company's stock in a transaction on Monday, August 10th. The shares were purchased at an average cost of GBX 154 per share, for a total transaction of £149.38.

Centrica Stock Performance

LON:CNA traded down GBX 0.30 during trading on Tuesday, reaching GBX 153.35. The company's stock had a trading volume of 16,825,000 shares, compared to its average volume of 37,929,406. The firm has a market cap of £6.95 billion, a price-to-earnings ratio of 10.16, a price-to-earnings-growth ratio of 0.45 and a beta of 0.32. The firm has a 50 day moving average of GBX 171.57 and a 200-day moving average of GBX 190.07. 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 plc has a 12 month low of GBX 151.45 and a 12 month high of GBX 220.30.

Centrica (LON:CNA - Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The integrated energy company reported GBX 6.80 earnings per share (EPS) for the quarter. Centrica had a net margin of 3.64% and a return on equity of 21.92%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on CNA shares. Jefferies Financial Group reissued a "hold" rating and issued a GBX 210 price objective on shares of Centrica in a report on Friday, May 8th. Berenberg Bank cut their target price on shares of Centrica from GBX 230 to GBX 200 and set a "buy" rating for the company in a research report on Monday, July 27th. JPMorgan Chase & Co. cut their target price on shares of Centrica from GBX 245 to GBX 235 and set an "overweight" rating for the company in a research report on Friday, May 15th. Finally, Royal Bank Of Canada reiterated an "outperform" rating and issued a GBX 225 target price on shares of Centrica in a research note on Monday, May 11th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 216.33.

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.

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