Centrica plc (LON:CNA) Given Consensus Recommendation of “Moderate Buy” by Analysts

Centrica plc (LON:CNA) has been assigned an average rating of “Moderate Buy” from the six analysts that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is GBX 221.33.

Several equities research analysts have recently issued reports on CNA shares. Citigroup increased their price objective on shares of Centrica from GBX 200 to GBX 218 and gave the stock a “buy” rating in a research report on Wednesday, March 11th. Jefferies Financial Group restated a “hold” rating and issued a GBX 210 target price on shares of Centrica in a research note on Friday, May 8th. JPMorgan Chase & Co. decreased their target price on shares of Centrica from GBX 245 to GBX 235 and set an “overweight” rating for the company in a research note on Friday, May 15th. Berenberg Bank upped their target price on shares of Centrica from GBX 190 to GBX 230 and gave the company a “buy” rating in a research note on Monday, May 18th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a GBX 225 target price on shares of Centrica in a research note on Monday, May 11th.

Insiders Place Their Bets

In other news, insider Jonathan Howell bought 50,000 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The stock was acquired at an average cost of GBX 197 per share, for a total transaction of £98,500. Also, insider Russell O’Brien sold 336,485 shares of the company’s stock in a transaction on Monday, March 23rd. The shares were sold at an average price of GBX 200, for a total transaction of £672,970. In the last ninety days, insiders bought 81,705 shares of company stock valued at $16,228,893 and sold 1,273,167 shares valued at $254,633,400. 0.39% of the stock is owned by company insiders.

Centrica Price Performance

Centrica stock opened at GBX 188.75 on Tuesday. Centrica has a 52-week low of GBX 152.45 and a 52-week high of GBX 220.30. The firm has a fifty day moving average of GBX 204.76 and a 200-day moving average of GBX 189.74. The firm has a market capitalization of £8.55 billion, a P/E ratio of -125.83, a PEG ratio of 0.45 and a beta of 0.36. The company has a quick ratio of 0.40, a current ratio of 1.45 and a debt-to-equity ratio of 98.77.

About Centrica

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.