Insider Buying: Centrica (LON:CNA) Insider Buys 651 Shares of Company Stock

Centrica plc (LON:CNA) insider Sue Whalley acquired 651 shares of Centrica stock in a transaction dated Monday, October 26th. The shares were bought at an average cost of GBX 150 per share, with a total value of £976.50.

Sue Whalley also recently made the following trade(s):

• On Friday, September 25th, Sue Whalley acquired 653 shares of Centrica stock. The stock was bought at an average price of GBX 149 per share, with a total value of £972.97.

Centrica Stock Down 0.2%

Shares of Centrica stock traded down GBX 0.30 during trading on Monday, reaching GBX 150.25. 23,030,561 shares of the company traded hands, compared to its average volume of 32,117,754. The firm has a market capitalization of £6.80 billion, a PE ratio of 9.95, a P/E/G ratio of 0.45 and a beta of 0.32. Centrica plc has a 1-year low of GBX 144 and a 1-year high of GBX 220.30. The company has a 50 day moving average price of GBX 150.54 and a 200-day moving average price of GBX 172.36. The company has a debt-to-equity ratio of 80.68, a current ratio of 1.43 and a quick ratio of 0.40.

Centrica (LON:CNA) last posted its quarterly earnings results on Thursday, July 23rd. The integrated energy company reported GBX 6.80 earnings per share for the quarter. Centrica had a net margin of 3.64% and a return on equity of 21.92%.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank cut their price target on Centrica from GBX 230 to GBX 200 and set a “buy” rating on the stock in a report on Monday, July 27th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 217.60.

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.