Centrica (LON:CNA) Insider Buys £52,260 in Stock

Centrica plc (LON:CNA) insider Alessandra Pasini bought 26,000 shares of Centrica stock in a transaction dated Friday, May 8th. The stock was purchased at an average cost of GBX 201 per share, for a total transaction of £52,260.

Centrica Trading Up 0.3%

Shares of Centrica stock traded up GBX 0.70 during trading on Tuesday, hitting GBX 202.70. The stock had a trading volume of 39,904,809 shares, compared to its average volume of 38,248,063. Centrica plc has a 12 month low of GBX 144.30 and a 12 month high of GBX 220.30. The company has a debt-to-equity ratio of 98.77, a current ratio of 1.45 and a quick ratio of 0.40. The firm’s fifty day simple moving average is GBX 206.14 and its 200-day simple moving average is GBX 187.68. The stock has a market cap of £9.18 billion, a PE ratio of -135.13, a PEG ratio of 0.45 and a beta of 0.36.

Centrica (LON:CNA) last issued its quarterly earnings results on Friday, February 20th. The integrated energy company reported GBX 11.20 EPS for the quarter. Centrica had a net margin of 0.37% and a return on equity of 1.68%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Citigroup increased their price target on Centrica from GBX 200 to GBX 218 and gave the stock a “buy” rating in a report on Wednesday, March 11th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 225 price objective on shares of Centrica in a research report on Monday. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a GBX 210 target price on shares of Centrica in a research note on Friday. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 205.33.

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.