Centrica plc (LON:CNA) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Centrica plc (LON:CNA) have received a consensus recommendation of “Moderate Buy” from the five analysts that are currently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is GBX 192.80.

Several brokerages have recently weighed in on CNA. Citigroup lowered shares of Centrica to a “neutral” rating and set a GBX 185 price objective on the stock. in a research report on Tuesday, October 28th. Barclays raised shares of Centrica to an “overweight” rating and upped their price objective for the stock from GBX 180 to GBX 210 in a research report on Thursday, October 16th. Berenberg Bank raised their target price on Centrica from GBX 155 to GBX 190 and gave the company a “buy” rating in a report on Thursday, September 11th. Finally, JPMorgan Chase & Co. boosted their target price on Centrica from GBX 177 to GBX 179 and gave the stock a “neutral” rating in a research note on Friday, August 15th.

Centrica Price Performance

LON CNA opened at GBX 167.40 on Friday. The company has a quick ratio of 0.40, a current ratio of 1.77 and a debt-to-equity ratio of 66.48. Centrica has a 12-month low of GBX 123.80 and a 12-month high of GBX 180.80. The firm’s 50 day moving average is GBX 171.58 and its 200-day moving average is GBX 165.34. The company has a market capitalization of £7.64 billion, a PE ratio of -36.39, a price-to-earnings-growth ratio of 0.45 and a beta of 1.08.

Insider Transactions at Centrica

In other news, insider Sue Whalley acquired 600 shares of Centrica stock in a transaction on Tuesday, November 25th. The stock was purchased at an average price of GBX 163 per share, with a total value of £978. Also, insider Philippe Boisseau acquired 1,080 shares of the firm’s stock in a transaction on Tuesday, November 25th. The shares were bought at an average cost of GBX 163 per share, with a total value of £1,760.40. In the last 90 days, insiders have bought 5,723 shares of company stock worth $966,395. Company insiders own 0.22% of the company’s stock.

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.