Insider Buying: Centrica (LON:CNA) Insider Acquires 1,116 Shares of Stock

Centrica plc (LON:CNA) insider Philippe Boisseau purchased 1,116 shares of Centrica stock in a transaction on Monday, December 29th. The stock was bought at an average price of GBX 168 per share, for a total transaction of £1,874.88.

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

• On Tuesday, November 25th, Philippe Boisseau acquired 1,080 shares of Centrica stock. The shares were bought at an average cost of GBX 163 per share, with a total value of £1,760.40.
• On Monday, October 27th, Philippe Boisseau acquired 949 shares of Centrica stock. The shares were purchased at an average price of GBX 177 per share, with a total value of £1,679.73.

Centrica Price Performance

Shares of LON:CNA traded up GBX 0.49 during mid-day trading on Monday, reaching GBX 168.89. The stock had a trading volume of 8,443,990 shares, compared to its average volume of 30,498,424. The business’s 50 day moving average price is GBX 170.79 and its 200 day moving average price is GBX 166.03. Centrica plc has a 1 year low of GBX 130 and a 1 year high of GBX 180.80. The company has a market cap of £7.71 billion, a P/E ratio of -36.71, a price-to-earnings-growth ratio of 0.45 and a beta of 1.08. The company has a current ratio of 1.77, a quick ratio of 0.40 and a debt-to-equity ratio of 66.48.

Analyst Ratings Changes

CNA has been the subject of a number of recent research reports. Barclays raised shares of Centrica to an “overweight” rating and raised their target price 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 target price on the stock. in a report on Tuesday, October 28th. Finally, Berenberg Bank increased their price target on shares of Centrica from GBX 155 to GBX 190 and gave the company a “buy” rating in a report on Thursday, September 11th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Centrica presently has an average rating of “Moderate Buy” and a consensus price target of GBX 192.80.

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. 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.