Brokerages Set Centrica plc (LON:CNA) Target Price at GBX 167

Shares of Centrica plc (LON:CNA) have received an average rating of “Moderate Buy” from the seven brokerages that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, five have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is GBX 167 ($2.07).

Several equities research analysts recently commented on CNA shares. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 150 ($1.86) price objective on shares of Centrica in a research report on Friday, December 6th. Citigroup reaffirmed a “top pick” rating on shares of Centrica in a research report on Thursday, December 5th.

Centrica Price Performance

Shares of CNA opened at GBX 138 ($1.71) on Monday. The company has a debt-to-equity ratio of 61.65, a quick ratio of 0.40 and a current ratio of 1.77. Centrica has a 52-week low of GBX 112.99 ($1.40) and a 52-week high of GBX 157.90 ($1.96). The stock has a 50 day simple moving average of GBX 125.29 and a 200 day simple moving average of GBX 127.48. The firm has a market capitalization of £7.16 billion, a PE ratio of 627.27, a P/E/G ratio of 0.45 and a beta of 1.08.

Insider Transactions at Centrica

In related news, insider Kevin O’Byrne acquired 50,000 shares of the firm’s stock in a transaction on Monday, October 28th. The shares were purchased at an average cost of GBX 123 ($1.53) per share, for a total transaction of £61,500 ($76,397.52). Also, insider Amber Rudd bought 1,624 shares of Centrica stock in a transaction that occurred on Monday, November 25th. The shares were bought at an average cost of GBX 123 ($1.53) per share, with a total value of £1,997.52 ($2,481.39). Insiders have bought 55,257 shares of company stock worth $6,803,904 in the last ninety days. Insiders own 0.20% of the company’s stock.

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.