Key Points
- Insider buying: Centrica insider Russell O'Brien bought 151 shares on May 14 at GBX 202 each, following two smaller purchases earlier in May and April.
- Prior large sale: O'Brien had previously sold 336,485 Centrica shares on March 23 at an average price of GBX 200, making the recent buys notable against that earlier disposal.
- Analyst sentiment remains positive: Several firms reiterated or raised ratings and targets, and Centrica currently has a consensus Moderate Buy with a price target of GBX 221.33.
Centrica plc (LON:CNA - Get Free Report) insider Russell O'Brien acquired 151 shares of the stock in a transaction dated Thursday, May 14th. The stock was acquired at an average cost of GBX 202 per share, with a total value of £305.02.
Russell O'Brien also recently made the following trade(s):
- On Monday, May 11th, Russell O'Brien bought 75 shares of Centrica stock. The stock was bought at an average price of GBX 201 per share, with a total value of £150.75.
- On Friday, April 10th, Russell O'Brien bought 71 shares of Centrica stock. The stock was bought at an average price of GBX 211 per share, with a total value of £149.81.
- On Monday, March 23rd, Russell O'Brien sold 336,485 shares of Centrica stock. The shares were sold at an average price of GBX 200, for a total value of £672,970.
Centrica Stock Up 2.6%
Shares of Centrica stock opened at GBX 194.35 on Tuesday. Centrica plc has a 52-week low of GBX 149.05 and a 52-week high of GBX 220.30. The company has a 50 day moving average of GBX 206.44 and a 200 day moving average of GBX 188.40. The company has a quick ratio of 0.40, a current ratio of 1.45 and a debt-to-equity ratio of 98.77. The company has a market capitalization of £8.80 billion, a P/E ratio of -129.57, a P/E/G ratio of 0.45 and a beta of 0.36.
Centrica (LON:CNA - Get Free Report) last announced its quarterly earnings results on Friday, February 20th. The integrated energy company reported GBX 11.20 earnings per share (EPS) for the quarter. Centrica had a return on equity of 1.68% and a net margin of 0.37%.
Analyst Upgrades and Downgrades
A number of analysts recently issued reports on CNA shares. 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. Jefferies Financial Group reiterated a "hold" rating and issued a GBX 210 price target on shares of Centrica in a research report on Friday, May 8th. Royal Bank Of Canada reiterated an "outperform" rating and issued a GBX 225 price target on shares of Centrica in a research report on Monday, May 11th. Berenberg Bank upped their price target on shares of Centrica from GBX 190 to GBX 230 and gave the company a "buy" rating in a research report on Monday. Finally, Citigroup upped their price target on shares of Centrica from GBX 200 to GBX 218 and gave the company a "buy" rating in a research report on Wednesday, March 11th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 221.33.
Read Our Latest Report on Centrica
Centrica Company Profile
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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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