Centrica PLC (CNA) Insider Acquires £145,000 in Stock

Centrica PLC (LON:CNA) insider Iain C. Conn acquired 100,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 12th. The stock was acquired at an average cost of GBX 145 ($1.95) per share, for a total transaction of £145,000 ($195,154.78).

Shares of Centrica PLC (LON:CNA) traded down GBX 4.70 ($0.06) during trading hours on Wednesday, reaching GBX 140.10 ($1.89). 14,140,870 shares of the company’s stock traded hands, compared to its average volume of 27,340,000. Centrica PLC has a twelve month low of GBX 119.71 ($1.61) and a twelve month high of GBX 236.90 ($3.19).

A number of research firms recently issued reports on CNA. Credit Suisse Group reissued a “neutral” rating and issued a GBX 225 ($3.03) price objective on shares of Centrica in a report on Wednesday, November 8th. Deutsche Bank reissued a “sell” rating and issued a GBX 160 ($2.15) price objective on shares of Centrica in a report on Friday, August 25th. Royal Bank of Canada dropped their price objective on shares of Centrica from GBX 210 ($2.83) to GBX 150 ($2.02) and set a “sector performer” rating on the stock in a report on Tuesday, November 28th. Kepler Capital Markets reissued a “buy” rating and issued a GBX 190 ($2.56) price objective on shares of Centrica in a report on Thursday, November 23rd. Finally, J P Morgan Chase & Co reissued a “neutral” rating and issued a GBX 205 ($2.76) price objective on shares of Centrica in a report on Tuesday, November 21st. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the stock. Centrica has a consensus rating of “Hold” and an average price target of GBX 190.82 ($2.57).

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Centrica Company Profile

Centrica plc is an energy and services company. The Company’s segments include Energy Supply & Services-UK & Ireland, Energy Supply & Services-North America, Connected Home, Distributed Energy & Power, Energy Marketing & Trading, Exploration & Production, Central Power Generation and Centrica Storage.

Insider Buying and Selling by Quarter for Centrica (LON:CNA)

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