Centrica plc (LON:CNA) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Centrica plc (LON:CNA) have received a consensus recommendation of “Moderate Buy” from the seven brokerages that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, five have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 167 ($2.06).

Several research analysts have recently commented on the stock. Citigroup reissued a “top pick” rating on shares of Centrica in a research note on Thursday, December 5th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 150 ($1.85) price target on shares of Centrica in a research report on Friday, December 6th.

Insider Activity at Centrica

In related news, insider Kevin O’Byrne bought 50,000 shares of the company’s stock in a transaction that occurred on Monday, October 28th. The shares were purchased at an average cost of GBX 123 ($1.52) per share, with a total value of £61,500 ($75,963.44). Also, insider Amber Rudd purchased 1,688 shares of the business’s stock in a transaction that occurred on Friday, December 27th. The shares were bought at an average price of GBX 129 ($1.59) per share, for a total transaction of £2,177.52 ($2,689.62). Insiders have acquired 53,609 shares of company stock valued at $6,604,442 over the last quarter. 0.20% of the stock is owned by insiders.

Centrica Price Performance

CNA stock opened at GBX 137.90 ($1.70) on Friday. The business’s fifty day moving average price is GBX 129.84 and its 200 day moving average price is GBX 127.63. Centrica has a 12-month low of GBX 112.99 ($1.40) and a 12-month high of GBX 155.30 ($1.92). 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 market capitalization of £7.16 billion, a PE ratio of 626.82, a P/E/G ratio of 0.45 and a beta of 1.08.

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.