Centrica plc (LON:CNA) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Centrica plc (LON:CNA) have been assigned an average recommendation of “Moderate Buy” from the six brokerages that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is GBX 216.33.

Separately, Berenberg Bank lowered their price target on Centrica from GBX 230 to GBX 200 and set a “buy” rating for the company in a research report on Monday, July 27th.

Insider Transactions at Centrica

In other news, insider Sue Whalley acquired 600 shares of Centrica stock in a transaction that occurred on Monday, July 27th. The stock was bought at an average price of GBX 162 per share, for a total transaction of £972. Also, insider Frank Mastiaux purchased 1,448 shares of Centrica stock in a transaction dated Tuesday, August 25th. The shares were acquired at an average cost of GBX 155 per share, with a total value of £2,244.40. In the last three months, insiders acquired 5,200 shares of company stock valued at $846,247. 0.22% of the stock is owned by insiders.

Centrica Stock Down 0.0%

CNA stock opened at GBX 152.35 on Thursday. The business has a 50 day moving average of GBX 158.04 and a 200 day moving average of GBX 182.92. The firm has a market cap of £6.90 billion, a PE ratio of 10.09, a price-to-earnings-growth ratio of 0.45 and a beta of 0.32. Centrica has a twelve month low of GBX 145.80 and a twelve month high of GBX 220.30. The company has a quick ratio of 0.40, a current ratio of 1.43 and a debt-to-equity ratio of 80.68.

Centrica (LON:CNA) last released its earnings results on Thursday, July 23rd. The integrated energy company reported GBX 6.80 EPS for the quarter. Centrica had a return on equity of 21.92% and a net margin of 3.64%.

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.