Centrica (LON:CNA) Given New GBX 215 Price Target at Royal Bank Of Canada

Centrica (LON:CNA) had its target price lifted by Royal Bank Of Canada from GBX 200 to GBX 215 in a research note published on Tuesday, MarketBeat.com reports. Royal Bank Of Canada currently has an outperform rating on the integrated energy company’s stock.

Other equities research analysts have also issued reports about the stock. Barclays raised shares of Centrica to an “overweight” rating and boosted their price objective for the company from GBX 180 to GBX 210 in a report on Thursday, October 16th. Citigroup downgraded Centrica to a “neutral” rating and set a GBX 185 price target on the stock. in a research note on Tuesday, October 28th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of GBX 195.80.

Centrica Stock Down 0.5%

LON:CNA opened at GBX 190.91 on Tuesday. The company has a market cap of £8.64 billion, a PE ratio of -41.50, a P/E/G ratio of 0.45 and a beta of 1.08. Centrica has a twelve month low of GBX 132.90 and a twelve month high of GBX 193.05. The company has a current ratio of 1.77, a quick ratio of 0.40 and a debt-to-equity ratio of 66.48. The company’s 50 day moving average is GBX 174.74 and its two-hundred day moving average is GBX 169.72.

Insider Transactions at Centrica

In related news, insider Philippe Boisseau acquired 1,116 shares of the firm’s stock in a transaction dated Monday, December 29th. The stock was acquired at an average price of GBX 168 per share, with a total value of £1,874.88. Also, insider Sue Whalley bought 600 shares of the stock in a transaction dated Tuesday, November 25th. The stock was bought at an average price of GBX 163 per share, for a total transaction of £978. Insiders have acquired a total of 5,529 shares of company stock valued at $949,159 in the last quarter. Company insiders own 0.22% of the company’s stock.

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.