Centrica plc (LON:CNA) Insider Acquires 1,635 Shares of Stock

Centrica plc (LON:CNA) insider Amber Rudd purchased 1,635 shares of Centrica stock in a transaction dated Friday, October 25th. The shares were acquired at an average cost of GBX 122 ($1.58) per share, for a total transaction of £1,994.70 ($2,589.85).

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

• On Wednesday, September 25th, Amber Rudd bought 1,668 shares of Centrica stock. The shares were acquired at an average cost of GBX 119 ($1.55) per share, for a total transaction of £1,984.92 ($2,577.15).
• On Tuesday, August 27th, Amber Rudd purchased 1,561 shares of Centrica stock. The stock was acquired at an average cost of GBX 127 ($1.65) per share, with a total value of £1,982.47 ($2,573.97).

Centrica Price Performance

Centrica stock opened at GBX 123.25 ($1.60) on Friday. The company has a current ratio of 1.77, a quick ratio of 0.40 and a debt-to-equity ratio of 61.65. The company has a fifty day simple moving average of GBX 122.46 and a 200-day simple moving average of GBX 130.32. The stock has a market cap of £6.40 billion, a P/E ratio of 560.23, a price-to-earnings-growth ratio of 0.45 and a beta of 1.08. Centrica plc has a 12-month low of GBX 113.90 ($1.48) and a 12-month high of GBX 165.15 ($2.14).

Analysts Set New Price Targets

Several analysts have recently issued reports on CNA shares. Berenberg Bank upgraded Centrica to a “buy” rating and increased their price objective for the company from GBX 130 ($1.69) to GBX 155 ($2.01) in a research note on Friday, June 28th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Centrica in a research report on Friday, July 5th. One research analyst has rated the stock with a sell rating and five have given a buy rating to the stock. According to MarketBeat.com, Centrica presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 171.25 ($2.22).

About Centrica

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.