Insider Buying: Centrica (LON:CNA) Insider Purchases £2,244.40 in Stock

Centrica plc (LON:CNA) insider Frank Mastiaux bought 1,448 shares of the firm’s stock in a transaction that occurred on Tuesday, August 25th. The shares were acquired at an average price of GBX 155 per share, with a total value of £2,244.40.

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

• On Monday, July 27th, Frank Mastiaux purchased 1,384 shares of Centrica stock. The stock was bought at an average price of GBX 162 per share, for a total transaction of £2,242.08.
• On Thursday, June 25th, Frank Mastiaux acquired 1,287 shares of Centrica stock. The shares were bought at an average cost of GBX 175 per share, for a total transaction of £2,252.25.

Centrica Stock Down 0.3%

Shares of LON CNA opened at GBX 154.32 on Tuesday. The firm has a fifty day simple moving average of GBX 165.28 and a two-hundred day simple moving average of GBX 187.82. Centrica plc has a 12 month low of GBX 151.45 and a 12 month high of GBX 220.30. The company has a current ratio of 1.43, a quick ratio of 0.40 and a debt-to-equity ratio of 80.68. The firm has a market capitalization of £6.99 billion, a PE ratio of 10.22, a price-to-earnings-growth ratio of 0.45 and a beta of 0.32.

Centrica (LON:CNA) last announced its 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%.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 210 price objective on shares of Centrica in a report on Friday, May 8th. JPMorgan Chase & Co. decreased their price target on shares of Centrica from GBX 245 to GBX 235 and set an “overweight” rating for the company in a research note on Friday, May 15th. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 225 price objective on shares of Centrica in a research note on Monday, May 11th. Finally, Berenberg Bank decreased their target price on shares of Centrica from GBX 230 to GBX 200 and set a “buy” rating for the company in a research note on Monday, July 27th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Centrica currently has a consensus rating of “Moderate Buy” and an average price target of GBX 216.33.

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.