Insider Buying: Centrica (LON:CNA) Insider Buys 1,244 Shares of Stock

Centrica plc (LON:CNA) insider Frank Mastiaux purchased 1,244 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were acquired at an average cost of GBX 199 per share, for a total transaction of £2,475.56.

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

• On Monday, April 27th, Frank Mastiaux acquired 1,208 shares of Centrica stock. The stock was acquired at an average cost of GBX 208 per share, with a total value of £2,512.64.
• On Wednesday, March 25th, Frank Mastiaux bought 1,321 shares of Centrica stock. The stock was acquired at an average price of GBX 198 per share, for a total transaction of £2,615.58.
• On Wednesday, February 25th, Frank Mastiaux bought 7,544 shares of Centrica stock. The shares were acquired at an average price of GBX 190 per share, for a total transaction of £14,333.60.

Centrica Trading Down 0.1%

Shares of LON:CNA traded down GBX 0.19 during trading on Tuesday, reaching GBX 199.95. The company’s stock had a trading volume of 18,204,369 shares, compared to its average volume of 35,674,496. The stock has a market capitalization of £9.06 billion, a PE ratio of -133.30, a price-to-earnings-growth ratio of 0.45 and a beta of 0.36. Centrica plc has a 12 month low of GBX 152.45 and a 12 month high of GBX 220.30. The company has a current ratio of 1.45, a quick ratio of 0.40 and a debt-to-equity ratio of 98.77. The firm’s 50 day simple moving average is GBX 206.42 and its two-hundred day simple moving average is GBX 189.11.

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

Wall Street Analysts Forecast Growth

CNA has been the topic of several recent research reports. Berenberg Bank increased their price target on Centrica from GBX 190 to GBX 230 and gave the company a “buy” rating in a report on Monday, May 18th. Citigroup boosted their price objective on shares of Centrica from GBX 200 to GBX 218 and gave the company a “buy” rating in a research report on Wednesday, March 11th. Jefferies Financial Group reissued a “hold” rating and issued a GBX 210 target price on shares of Centrica in a research note on Friday, May 8th. JPMorgan Chase & Co. lowered their target price on shares of Centrica from GBX 245 to GBX 235 and set an “overweight” rating for the company in a report on Friday, May 15th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 225 target price on shares of Centrica in a research report on Monday, May 11th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price 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.