Insider Buying: Centrica (LON:CNA) Insider Buys 653 Shares of Company Stock

Key Points

• Insider buying: Centrica insider Sue Whalley purchased 653 shares at GBX 149 each, worth approximately £973, following a 600-share purchase in July.
• Stock performance: Centrica shares fell 1.4% to GBX 147.25, near their 12-month low of GBX 145.80. The company has a £6.67 billion market capitalization and a P/E ratio of 9.75.
• Analyst outlook: Berenberg lowered its price target from GBX 230 to GBX 200 but maintained a “buy” rating. Overall, analysts assign Centrica a “Moderate Buy” consensus rating with an average target of GBX 216.33.

Centrica plc (LON:CNA - Get Free Report) insider Sue Whalley bought 653 shares of Centrica stock in a transaction dated Friday, September 25th. The shares were bought at an average price of GBX 149 per share, for a total transaction of £972.97.

Sue Whalley also recently made the following trade(s):

• On Monday, July 27th, Sue Whalley purchased 600 shares of Centrica stock. The stock was bought at an average cost of GBX 162 per share, with a total value of £972.

Centrica Trading Down 1.4%

CNA stock traded down GBX 2.05 during trading 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 has a quick ratio of 0.40, a current ratio of 1.43 and a debt-to-equity ratio of 80.68. The firm has a 50-day moving average price of GBX 155.17 and a 200-day moving average price of GBX 180.98. Centrica plc has a 12 month low of GBX 145.80 and a 12 month high of GBX 220.30. The stock has a market cap of £6.67 billion, a price-to-earnings ratio of 9.75, a PEG ratio of 0.45 and a beta of 0.32.

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

Analyst Upgrades and Downgrades

Separately, Berenberg Bank cut their target price on shares of 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 given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target 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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