Insider Buying: Centrica (LON:CNA) Insider Acquires 75 Shares of Stock

Centrica plc (LON:CNA) insider Chris O’Shea acquired 75 shares of Centrica stock in a transaction on Tuesday, March 10th. The stock was purchased at an average cost of GBX 199 per share, with a total value of £149.25.

Centrica Stock Performance

Shares of Centrica stock opened at GBX 200.60 on Thursday. The business’s fifty day simple moving average is GBX 188.11 and its 200 day simple moving average is GBX 175.18. The company has a current ratio of 1.45, a quick ratio of 0.40 and a debt-to-equity ratio of 98.77. Centrica plc has a 12 month low of GBX 137.55 and a 12 month high of GBX 201.70. The firm has a market capitalization of £9.07 billion, a P/E ratio of -133.73, a price-to-earnings-growth ratio of 0.45 and a beta of 0.48.

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

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Citigroup lifted their price objective on shares of Centrica from GBX 200 to GBX 218 and gave the stock a “buy” rating in a research report on Wednesday. Royal Bank Of Canada increased their target price on shares of Centrica from GBX 200 to GBX 215 and gave the company an “outperform” rating in a research report on Tuesday, February 3rd. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Centrica presently has a consensus rating of “Moderate Buy” and a consensus price target 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.