Centrica plc (LON:CNA) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Centrica plc (LON:CNA) has received a consensus rating of “Moderate Buy” from the six analysts that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is GBX 216.33.

Several research analysts have issued reports on the company. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 210 price target on shares of Centrica in a report on Friday, May 8th. Royal Bank Of Canada restated an “outperform” rating and set a GBX 225 price target on shares of Centrica in a report on Monday, May 11th. JPMorgan Chase & Co. decreased their target price on Centrica from GBX 245 to GBX 235 and set an “overweight” rating for the company in a research report on Friday, May 15th. Finally, Berenberg Bank lowered their price target on shares of Centrica from GBX 230 to GBX 200 and set a “buy” rating on the stock in a report on Monday, July 27th.

Insider Buying and Selling

In other Centrica news, insider Sue Whalley acquired 600 shares of the business’s stock in a transaction that occurred on Monday, July 27th. The stock was bought at an average cost of GBX 162 per share, with a total value of £972. Also, insider Frank Mastiaux bought 1,384 shares of the business’s stock in a transaction on Monday, July 27th. The stock was bought at an average price of GBX 162 per share, with a total value of £2,242.08. Insiders have purchased a total of 5,450 shares of company stock worth $966,909 over the last 90 days. 0.39% of the stock is currently owned by corporate insiders.

Centrica Price Performance

Shares of LON:CNA opened at GBX 154.50 on Friday. The company has a market capitalization of £7.00 billion, a price-to-earnings ratio of 10.23, a P/E/G ratio of 0.45 and a beta of 0.32. Centrica has a 1 year low of GBX 151.45 and a 1 year high of GBX 220.30. The business’s 50-day moving average is GBX 166.45 and its 200-day moving average is GBX 188.34. 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 released its quarterly earnings data 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%.

Centrica Company Profile

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.