Insider Buying: Centrica (LON:CNA) Insider Acquires £437.19 in Stock

Centrica plc (LON:CNA) insider Chris O’Shea purchased 247 shares of Centrica stock in a transaction dated Thursday, October 30th. The stock was acquired at an average price of GBX 177 per share, with a total value of £437.19.

Centrica Trading Down 0.3%

LON:CNA opened at GBX 179.28 on Monday. The company has a debt-to-equity ratio of 66.48, a quick ratio of 0.40 and a current ratio of 1.77. The firm has a 50-day simple moving average of GBX 167.34 and a 200-day simple moving average of GBX 162.26. The firm has a market cap of £8.34 billion, a P/E ratio of -38.97, a P/E/G ratio of 0.45 and a beta of 1.08. Centrica plc has a one year low of GBX 112.99 and a one year high of GBX 180.65.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on CNA shares. Barclays raised shares of Centrica to an “overweight” rating and increased their price objective for the company from GBX 180 to GBX 210 in a report on Thursday, October 16th. Citigroup downgraded shares of Centrica to a “neutral” rating and set a GBX 185 price objective on the stock. in a report on Tuesday, October 28th. Berenberg Bank increased their price objective on shares of Centrica from GBX 155 to GBX 190 and gave the company a “buy” rating in a report on Thursday, September 11th. Royal Bank Of Canada increased their price objective on shares of Centrica from GBX 175 to GBX 200 and gave the company an “outperform” rating in a report on Tuesday, July 29th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Centrica from GBX 177 to GBX 179 and gave the company a “neutral” rating in a report on Friday, August 15th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 185.67.

About Centrica

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.