Centrica plc (LON:CNA) Receives GBX 221.33 Average Target Price from Analysts

Centrica plc (LON:CNA) has been assigned an average rating of “Moderate Buy” from the six research firms that are currently covering the company, 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 12-month price objective among analysts that have issued a report on the stock in the last year is GBX 221.33.

CNA has been the subject of several recent research reports. Jefferies Financial Group reiterated a “hold” rating and set a GBX 210 target price on shares of Centrica in a research note on Friday, May 8th. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 225 target price on shares of Centrica in a report on Monday, May 11th. Berenberg Bank upped their price target on Centrica from GBX 190 to GBX 230 and gave the stock a “buy” rating in a research note on Monday, May 18th. Finally, JPMorgan Chase & Co. decreased their price target on Centrica from GBX 245 to GBX 235 and set an “overweight” rating for the company in a report on Friday, May 15th.

Centrica Price Performance

Centrica stock opened at GBX 163 on Wednesday. The company has a quick ratio of 0.40, a current ratio of 1.43 and a debt-to-equity ratio of 80.68. Centrica has a 52-week low of GBX 153.60 and a 52-week high of GBX 220.30. The firm has a market cap of £7.38 billion, a PE ratio of -108.67, a price-to-earnings-growth ratio of 0.45 and a beta of 0.34. The company’s 50 day moving average is GBX 180.60 and its two-hundred day moving average is GBX 191.82.

Centrica (LON:CNA) last posted its quarterly earnings results on Thursday, July 23rd. The integrated energy company reported GBX 6.80 earnings per share (EPS) for the quarter. Centrica had a return on equity of 21.92% and a net margin of 3.64%.

Insiders Place Their Bets

In other Centrica news, insider Sue Whalley acquired 490 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 £975.10. Also, insider Russell O’Brien acquired 151 shares of the stock in a transaction that occurred on Thursday, May 14th. The stock was acquired at an average cost of GBX 202 per share, for a total transaction of £305.02. Over the last quarter, insiders have acquired 81,703 shares of company stock worth $16,192,642. 0.39% of the stock is owned by insiders.

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.