Centrica (LON:CNA) Reaches New 1-Year High – Time to Buy?

Shares of Centrica plc (LON:CNAGet Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 150.25 ($1.90) and last traded at GBX 143.55 ($1.81), with a volume of 51904449 shares trading hands. The stock had previously closed at GBX 135.90 ($1.72).

Analyst Ratings Changes

A number of equities research analysts have issued reports on CNA shares. Jefferies Financial Group restated a “buy” rating and set a GBX 150 ($1.90) price target on shares of Centrica in a report on Friday, December 6th. Citigroup restated a “top pick” rating on shares of Centrica in a report on Thursday, December 5th. 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. According to MarketBeat.com, Centrica presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 167 ($2.11).

View Our Latest Stock Analysis on CNA

Centrica Trading Up 1.1 %

The company has a debt-to-equity ratio of 66.48, a current ratio of 1.77 and a quick ratio of 0.40. The company’s 50 day moving average is GBX 135.16 and its two-hundred day moving average is GBX 127.70. The firm has a market cap of £7.25 billion, a P/E ratio of 6.92, a PEG ratio of 0.45 and a beta of 1.08.

Centrica (LON:CNAGet Free Report) last released its earnings results on Thursday, February 20th. The integrated energy company reported GBX 19 ($0.24) earnings per share for the quarter. Centrica had a net margin of 5.39% and a return on equity of 25.16%.

Insiders Place Their Bets

In other Centrica news, insider Amber Rudd bought 1,624 shares of Centrica stock in a transaction dated Monday, November 25th. The shares were acquired at an average cost of GBX 123 ($1.55) per share, with a total value of £1,997.52 ($2,523.71). Insiders acquired a total of 5,096 shares of company stock worth $658,232 over the last quarter. Company insiders own 0.20% of the company’s stock.

Centrica Company Profile

(Get Free Report)

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.

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