Insider Buying: Centrica (LON:CNA) Insider Purchases £150.48 in Stock

Key Points

• Centrica insider Chris O’Shea purchased 99 shares at GBX 152 each, spending a total of £150.48.
• Centrica shares slipped 0.1% to GBX 150.75, near the company’s one-year low of GBX 146.79. The energy company has a £6.83 billion market capitalization and reported quarterly EPS of GBX 6.80.
• Analysts remain broadly positive, with five Buy ratings and one Hold rating. The stock has a “Moderate Buy” consensus and an average price target of GBX 216.33.

Centrica plc (LON:CNA - Get Free Report) insider Chris O’Shea purchased 99 shares of the business's stock in a transaction that occurred on Thursday, September 10th. The shares were purchased at an average price of GBX 152 per share, for a total transaction of £150.48.

Centrica Stock Down 0.1%

CNA stock traded down GBX 0.20 during trading on Friday, reaching GBX 150.75. The stock had a trading volume of 1,058,018,500 shares, compared to its average volume of 40,663,953. 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 company has a market capitalization of £6.83 billion, a price-to-earnings ratio of 9.98, a P/E/G ratio of 0.45 and a beta of 0.32. Centrica plc has a one year low of GBX 146.79 and a one year high of GBX 220.30. The company's 50 day moving average is GBX 159.77 and its two-hundred day moving average is GBX 184.15.

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

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. 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. JPMorgan Chase & Co. decreased their target price on Centrica from GBX 245 to GBX 235 and set an "overweight" rating for the company in a research report on Friday, May 15th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus 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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