Centrica plc (LON:CNA) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Centrica plc (LON:CNA) has been assigned an average rating of “Moderate Buy” from the six analysts that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is GBX 221.33.

Several brokerages recently weighed in on CNA. JPMorgan Chase & Co. decreased their price target on Centrica from GBX 245 to GBX 235 and set an “overweight” rating for the company in a report on Friday, May 15th. Berenberg Bank increased their target price on Centrica from GBX 190 to GBX 230 and gave the stock a “buy” rating in a research note on Monday, May 18th. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 225 price target on shares of Centrica in a report on Monday, May 11th. Citigroup lifted their price target on Centrica from GBX 200 to GBX 218 and gave the company a “buy” rating in a research note 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 report on Friday, May 8th.

Insider Activity at Centrica

In related news, insider Frank Mastiaux bought 1,287 shares of the company’s stock in a transaction on Thursday, June 25th. The stock was bought at an average cost of GBX 175 per share, with a total value of £2,252.25. Also, insider Jonathan Howell purchased 50,000 shares of Centrica stock in a transaction dated Wednesday, May 20th. The shares were bought at an average price of GBX 197 per share, with a total value of £98,500. In the last ninety days, insiders bought 81,758 shares of company stock worth $16,207,767. 0.39% of the stock is currently owned by insiders.

Centrica Price Performance

Shares of LON CNA opened at GBX 167.85 on Friday. The stock has a market cap of £7.60 billion, a P/E ratio of -111.90, a P/E/G ratio of 0.45 and a beta of 0.35. The stock has a 50 day moving average of GBX 192.10 and a two-hundred day moving average of GBX 191.63. The company has a current ratio of 1.45, a quick ratio of 0.40 and a debt-to-equity ratio of 92.58. Centrica has a twelve month low of GBX 152.45 and a twelve month high of GBX 220.30.

Centrica Company Profile

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.