Amber Rudd Purchases 1,668 Shares of Centrica plc (LON:CNA) Stock

Centrica plc (LON:CNA) insider Amber Rudd purchased 1,668 shares of the business’s stock in a transaction dated Wednesday, September 25th. The shares were purchased at an average cost of GBX 119 ($1.59) per share, with a total value of £1,984.92 ($2,657.90).

Amber Rudd also recently made the following trade(s):

• On Tuesday, August 27th, Amber Rudd acquired 1,561 shares of Centrica stock. The stock was purchased at an average price of GBX 127 ($1.70) per share, for a total transaction of £1,982.47 ($2,654.62).

Centrica Trading Up 0.1 %

Shares of CNA stock opened at GBX 117.20 ($1.57) on Friday. Centrica plc has a 12 month low of GBX 115.85 ($1.55) and a 12 month high of GBX 165.15 ($2.21). The company has a market cap of £6.09 billion, a PE ratio of 532.73, a price-to-earnings-growth ratio of 0.45 and a beta of 1.08. The company has a quick ratio of 0.40, a current ratio of 1.77 and a debt-to-equity ratio of 61.65. The business’s 50 day moving average is GBX 126.07 and its two-hundred day moving average is GBX 131.22.

Centrica Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, November 14th. Investors of record on Thursday, October 3rd will be paid a GBX 1.50 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, October 3rd. This represents a yield of 1.05%. Centrica’s payout ratio is presently 1,818.18%.

Analysts Set New Price Targets

Several analysts have commented on the stock. Berenberg Bank raised shares of Centrica to a “buy” rating and boosted their target price for the stock from GBX 130 ($1.74) to GBX 155 ($2.08) in a research report on Friday, June 28th. Royal Bank of Canada raised shares of Centrica to an “outperform” rating and lifted their price objective for the company from GBX 145 ($1.94) to GBX 170 ($2.28) in a research note on Friday, May 31st. Finally, JPMorgan Chase & Co. reissued an “overweight” rating on shares of Centrica in a research report on Friday, July 5th. One equities research analyst has rated the stock with a sell rating and five have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 171.25 ($2.29).

Centrica Company Profile

Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally. The company operates through British Gas Services & Solutions, British Gas Energy, Centrica Business Solutions, Bord Gáis Energy, Centrica Energy, and Upstream segments.