Insider Buying: Centrica (LON:CNA) Insider Purchases £2,244.40 in Stock

Key Points

• Insider buying: Frank Mastiaux purchased 1,448 Centrica shares at GBX 155 each, spending £2,244.40. He has also made two similar purchases since June.
• Share performance: Centrica opened at GBX 154.32, near its 12-month low of GBX 151.45 and below its 50-day and 200-day moving averages.
• Analyst outlook: Centrica has a consensus “Moderate Buy” rating from six analysts, with an average price target of GBX 216.33 versus the current share price.

Centrica plc (LON:CNA - Get Free Report) insider Frank Mastiaux bought 1,448 shares of Centrica stock in a transaction that occurred on Tuesday, August 25th. The stock was purchased at an average cost of GBX 155 per share, for a total transaction of £2,244.40.

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

• On Monday, July 27th, Frank Mastiaux purchased 1,384 shares of Centrica stock. The shares were purchased at an average cost of GBX 162 per share, with a total value of £2,242.08.
• On Thursday, June 25th, Frank Mastiaux purchased 1,287 shares of Centrica stock. The shares were purchased at an average cost of GBX 175 per share, with a total value of £2,252.25.

Centrica Price Performance

CNA opened at GBX 154.32 on Tuesday. The stock has a 50-day moving average price of GBX 165.28 and a 200-day moving average price of GBX 187.82. Centrica plc has a 12-month low of GBX 151.45 and a 12-month 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 stock has a market capitalization of £6.99 billion, a P/E ratio of 10.22, 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 earnings per share for the quarter. Centrica had a return on equity of 21.92% and a net margin of 3.64%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on CNA. Jefferies Financial Group restated a "hold" rating and issued a GBX 210 price objective on shares of Centrica in a report on Friday, May 8th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a GBX 225 target price on shares of Centrica in a report on Monday, May 11th. Berenberg Bank lowered their price target on shares of Centrica from GBX 230 to GBX 200 and set a "buy" rating for the company in a research note on Monday, July 27th. Finally, JPMorgan Chase & Co. cut their price target on shares of Centrica from GBX 245 to GBX 235 and set an "overweight" rating for the company in a research report on Friday, May 15th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently 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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