Insider Buying: Centrica (LON:CNA) Insider Purchases 72 Shares of Stock

Key Points

• Insider Chris O'Shea bought 72 Centrica shares on April 10 at GBX 211 each (total £151.92).
• Centrica shares traded at GBX 210.90 with unusually high volume (44.2M vs. average 17.8M), close to its 12‑month high of GBX 220.30 and a market cap of £9.55bn.
• Analysts have lifted targets recently (RBC to GBX 215, Citigroup to GBX 218), leaving a consensus rating of Moderate Buy and an average target of GBX 202.40.

Centrica plc (LON:CNA - Get Free Report) insider Chris O’Shea acquired 72 shares of Centrica stock in a transaction that occurred on Friday, April 10th. The stock was acquired at an average price of GBX 211 per share, with a total value of £151.92.

Centrica Stock Performance

LON CNA traded down GBX 0.50 during trading hours on Monday, hitting GBX 210.90. The company's stock had a trading volume of 44,212,305 shares, compared to its average volume of 17,800,750. Centrica plc has a 12 month low of GBX 144.25 and a 12 month high of GBX 220.30. The company's 50 day simple moving average is GBX 200.54 and its two-hundred day simple moving average is GBX 182.64. The company has a market cap of £9.55 billion, a P/E ratio of -140.60, a price-to-earnings-growth ratio of 0.45 and a beta of 0.39. 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 - Get Free Report) last announced its earnings results on Friday, February 20th. The integrated energy company reported GBX 11.20 earnings per share (EPS) for the quarter. Centrica had a return on equity of 1.68% and a net margin of 0.37%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on CNA. Royal Bank Of Canada raised their target price on Centrica from GBX 200 to GBX 215 and gave the stock an "outperform" rating in a research report on Tuesday, February 3rd. Citigroup raised their target price on Centrica from GBX 200 to GBX 218 and gave the stock a "buy" rating in a research report on Wednesday, March 11th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Centrica currently has an average rating of "Moderate Buy" and a consensus target price of GBX 202.40.

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.

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