Key Points
- Insider buying: Centrica director Sue Whalley purchased 653 shares at GBX 149 each, totaling approximately £973. She also bought 600 shares in July.
- Stock performance: Centrica shares opened at GBX 147.40 and were down 1.3%, near their 52-week low of GBX 145.80 and below both their 50-day and 200-day moving averages.
- Analyst outlook: Berenberg lowered its price target from GBX 230 to GBX 200 but retained a “Buy” rating. Overall, analysts maintain a “Moderate Buy” consensus with an average target of GBX 216.33.
Centrica plc (LON:CNA - Get Free Report) insider Sue Whalley purchased 653 shares of the business's stock in a transaction on Friday, September 25th. The shares were acquired 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 acquired 600 shares of Centrica stock. The stock was acquired at an average cost of GBX 162 per share, with a total value of £972.
Centrica Trading Down 1.3%
Shares of CNA stock opened at GBX 147.40 on Friday. The company has a debt-to-equity ratio of 80.68, a quick ratio of 0.40 and a current ratio of 1.43. The stock has a market capitalization of £6.68 billion, a P/E ratio of 9.76, a price-to-earnings-growth ratio of 0.45 and a beta of 0.32. The company has a 50 day moving average price of GBX 154.65 and a 200 day moving average price of GBX 180.74. Centrica plc has a fifty-two week low of GBX 145.80 and a fifty-two week high of GBX 220.30.
Centrica (LON:CNA - Get Free Report) last released 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 net margin of 3.64% and a return on equity of 21.92%.
Analysts Set New Price Targets
Separately, Berenberg Bank reduced their price objective on Centrica from GBX 230 to GBX 200 and set a "buy" rating on the stock in a research note on Monday, July 27th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of GBX 216.33.
Check Out Our Latest Report on CNA
About Centrica
(
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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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