Insider Buying: Centrica (LON:CNA) Insider Purchases £978 in Stock

Centrica plc (LON:CNA) insider Sue Whalley acquired 600 shares of the business’s stock in a transaction that occurred on Tuesday, November 25th. The stock was bought at an average cost of GBX 163 per share, for a total transaction of £978.

Sue Whalley also recently made the following trade(s):

• On Monday, October 27th, Sue Whalley bought 549 shares of Centrica stock. The shares were purchased at an average cost of GBX 177 per share, with a total value of £971.73.
• On Thursday, September 25th, Sue Whalley purchased 586 shares of Centrica stock. The stock was purchased at an average price of GBX 166 per share, for a total transaction of £972.76.

Centrica Trading Up 2.8%

LON:CNA opened at GBX 170.70 on Friday. The firm’s fifty day moving average is GBX 171.21 and its 200-day moving average is GBX 164.20. The company has a debt-to-equity ratio of 66.48, a quick ratio of 0.40 and a current ratio of 1.77. Centrica plc has a 52 week low of GBX 123.80 and a 52 week high of GBX 180.80. The firm has a market cap of £7.88 billion, a P/E ratio of -37.11, a P/E/G ratio of 0.45 and a beta of 1.08.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on CNA. JPMorgan Chase & Co. upped their price target on shares of Centrica from GBX 177 to GBX 179 and gave the company a “neutral” rating in a research report on Friday, August 15th. Berenberg Bank boosted their price objective on Centrica from GBX 155 to GBX 190 and gave the company a “buy” rating in a research note on Thursday, September 11th. Citigroup lowered Centrica to a “neutral” rating and set a GBX 185 target price on the stock. in a research report on Tuesday, October 28th. Finally, Barclays upgraded Centrica to an “overweight” rating and lifted their target price for the stock from GBX 180 to GBX 210 in a report on Thursday, October 16th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Centrica 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.