Centrica (LON:CNA) Insider Chris O’Shea Sells 609,412 Shares

Centrica plc (LON:CNA) insider Chris O’Shea sold 609,412 shares of the business’s stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of GBX 200, for a total transaction of £1,218,824.

Centrica Trading Down 2.9%

Shares of LON:CNA opened at GBX 197.30 on Tuesday. The company has a debt-to-equity ratio of 98.77, a current ratio of 1.45 and a quick ratio of 0.40. Centrica plc has a 1 year low of GBX 137.55 and a 1 year high of GBX 214. The company has a market cap of £8.92 billion, a P/E ratio of -131.53, a PEG ratio of 0.45 and a beta of 0.48. The stock’s fifty day moving average price is GBX 193.12 and its 200-day moving average price is GBX 177.93.

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

Analysts Set New Price Targets

Several research analysts have recently weighed in on CNA shares. Citigroup boosted their price objective on shares of Centrica from GBX 200 to GBX 218 and gave the company a “buy” rating in a report on Wednesday, March 11th. Royal Bank Of Canada raised their target price on shares of Centrica from GBX 200 to GBX 215 and gave the stock an “outperform” rating in a report on Tuesday, February 3rd. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Centrica currently has an average rating of “Moderate Buy” and a consensus target price of GBX 202.40.

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.