Insider Buying: Centrica (LON:CNA) Insider Buys 490 Shares of Stock

Centrica plc (LON:CNA) insider Sue Whalley bought 490 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were bought at an average cost of GBX 199 per share, with a total value of £975.10.

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

• On Monday, April 27th, Sue Whalley purchased 468 shares of Centrica stock. The stock was bought at an average cost of GBX 208 per share, for a total transaction of £973.44.
• On Wednesday, February 25th, Sue Whalley acquired 513 shares of Centrica stock. The stock was purchased at an average price of GBX 190 per share, for a total transaction of £974.70.

Centrica Price Performance

LON:CNA traded down GBX 0.19 during trading hours on Tuesday, hitting GBX 199.95. 18,204,369 shares of the stock were exchanged, compared to its average volume of 35,674,496. Centrica plc has a 52-week low of GBX 152.45 and a 52-week high of GBX 220.30. The firm’s fifty day moving average price is GBX 206.42 and its 200 day moving average price is GBX 189.11. The company has a current ratio of 1.45, a quick ratio of 0.40 and a debt-to-equity ratio of 98.77. The company has a market cap of £9.06 billion, a P/E ratio of -133.30, a P/E/G ratio of 0.45 and a beta of 0.36.

Centrica (LON:CNA) last announced its earnings results on Friday, February 20th. The integrated energy company reported GBX 11.20 EPS for the quarter. Centrica had a return on equity of 1.68% and a net margin of 0.37%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. JPMorgan Chase & Co. reduced their price objective on Centrica from GBX 245 to GBX 235 and set an “overweight” rating for the company in a research note on Friday, May 15th. Berenberg Bank upped their target price on shares of Centrica from GBX 190 to GBX 230 and gave the stock a “buy” rating in a report on Monday, May 18th. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 225 target price on shares of Centrica in a research report on Monday, May 11th. Citigroup boosted their price target on shares of Centrica from GBX 200 to GBX 218 and gave the stock a “buy” rating in a research report on Wednesday, March 11th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 210 price objective on shares of Centrica in a research note on Friday, May 8th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Centrica has an average rating of “Moderate Buy” and a consensus price target of GBX 221.33.

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.