Insider Buying: Centrica (LON:CNA) Insider Buys 67,394 Shares

Key Points

• Centrica insider Russell O’Brien bought 67,394 shares at GBX 148 each, investing approximately £99,743; he also made two smaller purchases in August and September.
• Centrica shares rose GBX 2.75 to GBX 149.80, near the company’s one-year low of GBX 145.80 and below its 50-day and 200-day moving averages.
• Analysts maintain a “Moderate Buy” consensus, with five Buy ratings and one Hold rating and an average price target of GBX 216.33, despite Berenberg lowering its target to GBX 200.

Centrica plc (LON:CNA - Get Free Report) insider Russell O'Brien acquired 67,394 shares of the company's stock in a transaction dated Monday, September 21st. The stock was acquired at an average cost of GBX 148 per share, with a total value of £99,743.12.

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

• On Thursday, September 10th, Russell O'Brien bought 99 shares of Centrica stock. The shares were acquired at an average price of GBX 152 per share, with a total value of £150.48.
• On Monday, August 10th, Russell O'Brien bought 98 shares of Centrica stock. The shares were acquired at an average price of GBX 154 per share, with a total value of £150.92.

Centrica Stock Performance

CNA stock traded up GBX 2.75 during trading on Monday, reaching GBX 149.80. 970,050,125 shares of the company's stock were exchanged, compared to its average volume of 39,653,414. The company's fifty day moving average price is GBX 157.17 and its 200-day moving average price is GBX 182.24. The firm has a market cap of £6.78 billion, a PE ratio of 9.92, a P/E/G ratio of 0.45 and a beta of 0.32. The company has a quick ratio of 0.40, a current ratio of 1.43 and a debt-to-equity ratio of 80.68. Centrica plc has a 1-year low of GBX 145.80 and a 1-year high of GBX 220.30.

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

Wall Street Analyst Weigh In

Separately, Berenberg Bank lowered their price target 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 investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of GBX 216.33.

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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