Jefferies Financial Group Reiterates Buy Rating for Centrica (LON:CNA)

Centrica (LON:CNA)‘s stock had its “buy” rating restated by research analysts at Jefferies Financial Group in a note issued to investors on Friday, Marketbeat Ratings reports. They currently have a GBX 150 ($1.91) price target on the integrated energy company’s stock.

Separately, Citigroup reiterated a “top pick” rating on shares of Centrica in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, five have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Centrica presently has an average rating of “Moderate Buy” and a consensus price target of GBX 167 ($2.13).

Centrica Price Performance

The company has a 50-day moving average price of GBX 121.54 and a two-hundred day moving average price of GBX 128.89. Centrica has a 12 month low of GBX 112.99 ($1.44) and a 12 month high of GBX 157.90 ($2.01). The firm has a market cap of £6.75 billion, a PE ratio of 591.36, a P/E/G ratio of 0.45 and a beta of 1.08. The company has a debt-to-equity ratio of 61.65, a quick ratio of 0.40 and a current ratio of 1.77.

Insider Activity

In other Centrica news, insider Kevin O’Byrne purchased 50,000 shares of the firm’s stock in a transaction on Monday, October 28th. The stock was bought at an average cost of GBX 123 ($1.57) per share, with a total value of £61,500 ($78,383.89). Also, insider Amber Rudd purchased 1,624 shares of the company’s stock in a transaction on Monday, November 25th. The stock was bought at an average price of GBX 123 ($1.57) per share, for a total transaction of £1,997.52 ($2,545.91). Over the last three months, insiders have purchased 55,237 shares of company stock worth $6,784,644. Corporate insiders own 0.20% of the company’s stock.

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.