Centrica (LON:CNA) Insider Acquires £2,252.25 in Stock

Centrica plc (LON:CNA) insider Frank Mastiaux acquired 1,287 shares of the stock in a transaction that occurred on Thursday, June 25th. The stock was acquired at an average price of GBX 175 per share, with a total value of £2,252.25.

Frank Mastiaux also recently made the following trade(s):

• On Tuesday, May 26th, Frank Mastiaux bought 1,244 shares of Centrica stock. The stock was purchased at an average cost of GBX 199 per share, for a total transaction of £2,475.56.
• On Monday, April 27th, Frank Mastiaux purchased 1,208 shares of Centrica stock. The shares were purchased at an average price of GBX 208 per share, for a total transaction of £2,512.64.

Centrica Trading Up 2.1%

LON:CNA traded up GBX 3.70 during trading hours on Thursday, reaching GBX 177.35. 30,830,350 shares of the stock were exchanged, compared to its average volume of 38,789,141. Centrica plc has a twelve month low of GBX 152.45 and a twelve month high of GBX 220.30. The business has a 50-day moving average of GBX 195.52 and a two-hundred day moving average of GBX 191.44. The company has a market capitalization of £8.03 billion, a price-to-earnings ratio of -118.23, a PEG ratio of 0.45 and a beta of 0.35. The company has a quick ratio of 0.40, a current ratio of 1.45 and a debt-to-equity ratio of 92.58.

Analyst Upgrades and Downgrades

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