Insider Buying: Centrica (LON:CNA) Insider Acquires 1,244 Shares of Stock

Centrica plc (LON:CNA) insider Frank Mastiaux acquired 1,244 shares of Centrica stock in a transaction on Tuesday, May 26th. The shares were purchased at an average price of GBX 199 per share, for a total transaction of £2,475.56.

Frank Mastiaux also recently made the following trade(s):

• On Monday, April 27th, Frank Mastiaux bought 1,208 shares of Centrica stock. The stock was purchased at an average price of GBX 208 per share, with a total value of £2,512.64.
• On Wednesday, March 25th, Frank Mastiaux bought 1,321 shares of Centrica stock. The stock was purchased at an average price of GBX 198 per share, with a total value of £2,615.58.
• On Wednesday, February 25th, Frank Mastiaux purchased 7,544 shares of Centrica stock. The stock was bought at an average cost of GBX 190 per share, with a total value of £14,333.60.

Centrica Stock Down 0.1%

Shares of LON CNA traded down GBX 0.19 during mid-day trading on Tuesday, reaching GBX 199.95. 18,204,369 shares of the company were exchanged, compared to its average volume of 35,674,496. Centrica plc has a 1 year low of GBX 152.45 and a 1 year high of GBX 220.30. The firm has a 50-day moving average of GBX 206.42 and a 200 day moving average of GBX 189.11. The stock has a market cap of £9.06 billion, a price-to-earnings ratio of -133.30, a P/E/G ratio of 0.45 and a beta of 0.36. The company has a quick ratio of 0.40, a current ratio of 1.45 and a debt-to-equity ratio of 98.77.

Centrica (LON:CNA) last posted its earnings results on Friday, February 20th. The integrated energy company reported GBX 11.20 earnings per share (EPS) for the quarter. Centrica had a return on equity of 1.68% and a net margin of 0.37%.

Analyst Upgrades and Downgrades

CNA has been the subject of a number of recent analyst reports. Jefferies Financial Group reissued a “hold” rating and issued a GBX 210 price objective on shares of Centrica in a research report on Friday, May 8th. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 225 price target on shares of Centrica in a report on Monday, May 11th. JPMorgan Chase & Co. dropped their price target on Centrica from GBX 245 to GBX 235 and set an “overweight” rating on the stock in a research note on Friday, May 15th. Berenberg Bank increased their price objective on shares of 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 shares of Centrica from GBX 200 to GBX 218 and gave the stock a “buy” rating in a research note on Wednesday, March 11th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 221.33.

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.