Centrica (LON:CNA) Insider Acquires £2,243.94 in Stock

Key Points

• Insider buying: Centrica director Frank Mastiaux purchased 1,506 shares at GBX 149 each, worth £2,243.94. This follows purchases of roughly £2,244 in both July and August.
• Stock performance: Centrica shares fell 1.4% to GBX 147.25, near the company’s one-year low of GBX 145.80 and below its 50-day and 200-day moving averages.
• Analyst outlook: Berenberg lowered its price target from GBX 230 to GBX 200 but retained a “Buy” rating. Overall, analysts rate the stock a “Moderate Buy,” with an average target of GBX 216.33.

Centrica plc (LON:CNA - Get Free Report) insider Frank Mastiaux purchased 1,506 shares of the business's stock in a transaction dated Friday, September 25th. The shares were purchased at an average price of GBX 149 per share, with a total value of £2,243.94.

Frank Mastiaux also recently made the following trade(s):

• On Tuesday, August 25th, Frank Mastiaux acquired 1,448 shares of Centrica stock. The stock was acquired at an average price of GBX 155 per share, for a total transaction of £2,244.40.
• On Monday, July 27th, Frank Mastiaux bought 1,384 shares of Centrica stock. The shares were acquired at an average cost of GBX 162 per share, with a total value of £2,242.08.

Centrica Trading Down 1.4%

CNA traded down GBX 2.05 on Friday, hitting GBX 147.25. The company had a trading volume of 13,551,002 shares, compared to its average volume of 34,252,590. The company's fifty day moving average price is GBX 155.17 and its 200 day moving average price is GBX 180.98. Centrica plc has a 1 year low of GBX 145.80 and a 1 year high of GBX 220.30. The company has a current ratio of 1.43, a quick ratio of 0.40 and a debt-to-equity ratio of 80.68. The firm has a market cap of £6.67 billion, a P/E ratio of 9.75, a PEG ratio of 0.45 and a beta of 0.32.

Centrica (LON:CNA - Get Free Report) last released its quarterly earnings results 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%.

Analyst Ratings Changes

Separately, Berenberg Bank cut their price objective on Centrica from GBX 230 to GBX 200 and set a "buy" rating on the stock in a research report on Monday, July 27th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average 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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