Insider Buying: Centrica (LON:CNA) Insider Buys 1,287 Shares of Stock

Centrica plc (LON:CNA) insider Frank Mastiaux purchased 1,287 shares of the firm’s stock in a transaction that occurred on Thursday, June 25th. The stock was purchased at an average price of GBX 175 per share, with a total value of £2,252.25.

Frank Mastiaux also recently made the following trade(s):

• On Tuesday, May 26th, Frank Mastiaux purchased 1,244 shares of Centrica stock. The shares were purchased at an average price of GBX 199 per share, with a total value of £2,475.56.
• On Monday, April 27th, Frank Mastiaux purchased 1,208 shares of Centrica stock. The shares were purchased at an average price of GBX 208 per share, with a total value of £2,512.64.

Centrica Stock Up 2.1%

Shares of LON:CNA traded up GBX 3.70 during trading hours on Thursday, reaching GBX 177.35. The stock had a trading volume of 30,830,350 shares, compared to its average volume of 38,789,141. Centrica plc has a 1 year low of GBX 152.45 and a 1 year high of GBX 220.30. The firm’s 50 day moving average is GBX 195.52 and its 200-day moving average is GBX 191.44. The stock has a market capitalization of £8.03 billion, a price-to-earnings ratio of -118.23, a P/E/G ratio of 0.45 and a beta of 0.35. The company has a debt-to-equity ratio of 92.58, a quick ratio of 0.40 and a current ratio of 1.45.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Citigroup increased their target price on Centrica from GBX 200 to GBX 218 and gave the company a “buy” rating in a report on Wednesday, March 11th. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 210 price target on shares of Centrica in a report on Friday, May 8th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 225 price objective on shares of Centrica in a research report on Monday, May 11th. JPMorgan Chase & Co. dropped their price objective on Centrica from GBX 245 to GBX 235 and set an “overweight” rating on the stock in a report on Friday, May 15th. Finally, Berenberg Bank raised their target price on Centrica from GBX 190 to GBX 230 and gave the stock a “buy” rating in a research report on Monday, May 18th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Centrica has a consensus rating of “Moderate Buy” and a consensus price target of GBX 221.33.

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.