Insider Buying: Centrica plc (LON:CNA) Insider Acquires 91 Shares of Stock

Key Points

• Russell O'Brien, an insider at Centrica, purchased 91 shares at an average price of GBX 164 ($2.20) on August 11, adding to his earlier acquisitions of the company's stock.
• Centrica's stock recently traded at GBX 162.65 ($2.18) with a market capitalization of £8.13 billion and a P/E ratio of 7.75.
• Analysts remain optimistic, with Royal Bank Of Canada raising their price target for Centrica from GBX 175 to GBX 200 and maintaining an "outperform" rating.

Centrica plc (LON:CNA - Get Free Report) insider Russell O'Brien purchased 91 shares of Centrica stock in a transaction on Monday, August 11th. The stock was bought at an average cost of GBX 164 ($2.20) per share, for a total transaction of £149.24 ($200.46).

Russell O'Brien also recently made the following trade(s):

• On Thursday, July 10th, Russell O'Brien purchased 96 shares of Centrica stock. The stock was bought at an average cost of GBX 156 ($2.10) per share, for a total transaction of £149.76 ($201.16).
• On Wednesday, June 11th, Russell O'Brien purchased 92 shares of Centrica stock. The stock was bought at an average cost of GBX 164 ($2.20) per share, for a total transaction of £150.88 ($202.66).
• On Thursday, June 5th, Russell O'Brien purchased 122 shares of Centrica stock. The stock was bought at an average cost of GBX 161 ($2.16) per share, for a total transaction of £196.42 ($263.83).

Centrica Stock Performance

LON:CNA traded down GBX 0.95 ($0.01) during mid-day trading on Tuesday, reaching GBX 162.65 ($2.18). 17,425,904 shares of the stock were exchanged, compared to its average volume of 26,180,342. The company has a 50 day simple moving average of GBX 161.82 and a 200-day simple moving average of GBX 152.49. The stock has a market capitalization of £8.13 billion, a P/E ratio of 7.75, a P/E/G ratio of 0.45 and a beta of 1.08. The company has a quick ratio of 0.40, a current ratio of 1.77 and a debt-to-equity ratio of 66.48. Centrica plc has a 1 year low of GBX 112.99 ($1.52) and a 1 year high of GBX 169.65 ($2.28).

Centrica (LON:CNA - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The integrated energy company reported GBX 7 ($0.09) earnings per share (EPS) for the quarter. Centrica had a return on equity of 25.16% and a net margin of 5.39%.

Wall Street Analysts Forecast Growth

CNA has been the topic of a number of recent analyst reports. Royal Bank Of Canada increased their price objective on Centrica from GBX 175 ($2.35) to GBX 200 ($2.69) and gave the company an "outperform" rating in a report on Tuesday, July 29th. Citigroup reiterated a "buy" rating on shares of Centrica in a report on Friday, July 25th.

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.

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