Centrica plc (LON:CNA) Receives GBX 221.33 Consensus Price Target from Analysts

Centrica plc (LON:CNA) has been given an average rating of “Moderate Buy” by the six research firms that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is GBX 221.33.

A number of equities research analysts have weighed in on CNA shares. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 225 target price on shares of Centrica in a research report on Monday, May 11th. JPMorgan Chase & Co. decreased their target price on Centrica from GBX 245 to GBX 235 and set an “overweight” rating for the company in a research report on Friday, May 15th. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 210 target price on shares of Centrica in a research report on Friday, May 8th. Berenberg Bank lifted their target price on Centrica from GBX 190 to GBX 230 and gave the company a “buy” rating in a research report on Monday, May 18th. Finally, Citigroup lifted their target price on Centrica from GBX 200 to GBX 218 and gave the company a “buy” rating in a research report on Wednesday, March 11th.

Insider Transactions at Centrica

In related news, insider Chris O?Shea purchased 456 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were acquired at an average cost of GBX 202 per share, for a total transaction of £921.12. Also, insider Jonathan Howell purchased 50,000 shares of the business’s stock in a transaction dated Wednesday, May 20th. The stock was bought at an average price of GBX 197 per share, for a total transaction of £98,500. In the last three months, insiders have bought 81,705 shares of company stock worth $16,228,893 and have sold 1,273,167 shares worth $254,633,400. 0.39% of the stock is currently owned by company insiders.

Centrica Price Performance

CNA opened at GBX 191.20 on Tuesday. The business has a fifty day moving average of GBX 203.86 and a 200 day moving average of GBX 190.11. Centrica has a 52-week low of GBX 152.45 and a 52-week high of GBX 220.30. The company has a quick ratio of 0.40, a current ratio of 1.45 and a debt-to-equity ratio of 98.77. The stock has a market cap of £8.66 billion, a P/E ratio of -127.47, a PEG ratio of 0.45 and a beta of 0.35.

Centrica Company Profile

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.