Centrica (LON:CNA) Insider Purchases £150.23 in Stock

Centrica plc (LON:CNA) insider Chris O’Shea purchased 83 shares of the company’s stock in a transaction that occurred on Monday, January 12th. The stock was acquired at an average price of GBX 181 per share, for a total transaction of £150.23.

Centrica Stock Performance

CNA stock traded down GBX 4.40 during midday trading on Tuesday, reaching GBX 177.10. 18,033,369 shares of the company were exchanged, compared to its average volume of 11,875,014. The company has a debt-to-equity ratio of 66.48, a current ratio of 1.77 and a quick ratio of 0.40. The business has a 50-day moving average price of GBX 170.11 and a two-hundred day moving average price of GBX 166.64. Centrica plc has a one year low of GBX 132.15 and a one year high of GBX 182.35. The firm has a market capitalization of £8.02 billion, a price-to-earnings ratio of -38.50, a price-to-earnings-growth ratio of 0.45 and a beta of 1.08.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Barclays raised shares of Centrica to an “overweight” rating and lifted their target price for the stock from GBX 180 to GBX 210 in a report on Thursday, October 16th. Citigroup cut Centrica to a “neutral” rating and set a GBX 185 price objective for the company. in a report on Tuesday, October 28th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Centrica has an average rating of “Moderate Buy” and a consensus target price of GBX 192.80.

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.