Centrica’s (CNA) Buy Rating Reiterated at Jefferies Financial Group

Centrica (LON:CNA)‘s stock had its “buy” rating restated by equities research analysts at Jefferies Financial Group in a report issued on Tuesday, Digital Look reports. They presently have a GBX 200 target price on the integrated energy company’s stock. Jefferies Financial Group‘s price target indicates a potential upside of 30.21% from the company’s current price.

Separately, Berenberg Bank lowered their price objective on shares of Centrica from GBX 230 to GBX 200 and set a “buy” rating for the company in a research report on Monday, July 27th. Five research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of GBX 215.60.

Centrica Trading Up 2.5%

Shares of Centrica stock opened at GBX 153.60 on Tuesday. The company has a debt-to-equity ratio of 80.68, a quick ratio of 0.40 and a current ratio of 1.43. The firm has a 50-day moving average of GBX 150.23 and a 200-day moving average of GBX 178.32. Centrica has a 52-week low of GBX 144 and a 52-week high of GBX 220.30. The stock has a market cap of £6.96 billion, a PE ratio of 10.17, a PEG ratio of 0.45 and a beta of 0.32.

Insider Activity

In related news, insider Russell O’Brien purchased 67,394 shares of the firm’s stock in a transaction that occurred on Monday, September 21st. The stock was acquired at an average price of GBX 148 per share, for a total transaction of £99,743.12. Also, insider Frank Mastiaux bought 1,506 shares of the stock in a transaction dated Friday, September 25th. The stock was purchased at an average price of GBX 149 per share, with a total value of £2,243.94. Over the last three months, insiders acquired 210,152 shares of company stock valued at $31,121,550. 0.39% of the stock is currently owned by insiders.

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.