Centrica plc (LON:CNA) Given Average Rating of “Moderate Buy” by Analysts

Centrica plc (LON:CNA) has been given a consensus rating of “Moderate Buy” by the six analysts that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is GBX 216.33.

Separately, Berenberg Bank dropped their price target on Centrica from GBX 230 to GBX 200 and set a “buy” rating for the company in a research note on Monday, July 27th.

Insider Activity at Centrica

In other Centrica news, insider Sue Whalley bought 600 shares of the business’s stock in a transaction that occurred on Monday, July 27th. The stock was purchased at an average cost of GBX 162 per share, with a total value of £972. Also, insider Frank Mastiaux purchased 1,448 shares of Centrica stock in a transaction that occurred on Tuesday, August 25th. The stock was acquired at an average price of GBX 155 per share, for a total transaction of £2,244.40. Insiders have bought a total of 5,200 shares of company stock worth $846,247 over the last ninety days. Insiders own 0.22% of the company’s stock.

Centrica Trading Up 1.5%

Shares of LON:CNA opened at GBX 149.35 on Thursday. The company has a market cap of £6.76 billion, a PE ratio of 9.89, a price-to-earnings-growth ratio of 0.45 and a beta of 0.32. Centrica has a 12-month low of GBX 146.79 and a 12-month high of GBX 220.30. The stock has a 50 day moving average of GBX 158.86 and a 200 day moving average of GBX 183.55. The company has a current ratio of 1.43, a quick ratio of 0.40 and a debt-to-equity ratio of 80.68.

Centrica (LON:CNA) last announced its quarterly earnings data on Thursday, July 23rd. The integrated energy company reported GBX 6.80 EPS for the quarter. Centrica had a return on equity of 21.92% and a net margin of 3.64%.

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.