Insider Buying: Centrica (LON:CNA) Insider Purchases 1,080 Shares of Stock

Centrica plc (LON:CNA) insider Philippe Boisseau acquired 1,080 shares of the firm’s stock in a transaction that occurred on Tuesday, November 25th. The stock was purchased at an average cost of GBX 163 per share, with a total value of £1,760.40.

Philippe Boisseau also recently made the following trade(s):

• On Monday, October 27th, Philippe Boisseau acquired 949 shares of Centrica stock. The stock was purchased at an average price of GBX 177 per share, for a total transaction of £1,679.73.
• On Thursday, September 25th, Philippe Boisseau acquired 1,011 shares of Centrica stock. The shares were acquired at an average cost of GBX 166 per share, for a total transaction of £1,678.26.

Centrica Stock Performance

LON:CNA traded up GBX 1 on Tuesday, reaching GBX 163.70. 35,821,184 shares of the company’s stock were exchanged, compared to its average volume of 24,665,174. The firm has a market cap of £7.56 billion, a price-to-earnings ratio of -35.59, a P/E/G ratio of 0.45 and a beta of 1.08. The company has a debt-to-equity ratio of 66.48, a current ratio of 1.77 and a quick ratio of 0.40. The stock has a fifty day simple moving average of GBX 171.20 and a 200-day simple moving average of GBX 164.04. Centrica plc has a 52 week low of GBX 123.80 and a 52 week high of GBX 180.80.

Analyst Upgrades and Downgrades

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