Analysts Set Centrica plc (LON:CNA) PT at GBX 167

Shares of Centrica plc (LON:CNA) have been given an average recommendation of “Moderate Buy” by the seven ratings firms that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, five have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is GBX 167 ($2.08).

Several brokerages recently issued reports on CNA. Jefferies Financial Group restated a “buy” rating and issued a GBX 150 ($1.86) target price on shares of Centrica in a report on Friday, December 6th. Citigroup restated a “top pick” rating on shares of Centrica in a research note on Thursday, December 5th.

Centrica Stock Performance

Shares of CNA opened at GBX 136.35 ($1.69) on Monday. The company has a market cap of £7.08 billion, a price-to-earnings ratio of 619.77, a P/E/G ratio of 0.45 and a beta of 1.08. The business’s fifty day simple moving average is GBX 125.29 and its two-hundred day simple moving average is GBX 127.32. Centrica has a 12 month low of GBX 112.99 ($1.40) and a 12 month high of GBX 157.90 ($1.96). The company has a current ratio of 1.77, a quick ratio of 0.40 and a debt-to-equity ratio of 61.65.

Insiders Place Their Bets

In related news, insider Amber Rudd purchased 1,688 shares of the stock in a transaction that occurred on Friday, December 27th. The stock was bought at an average cost of GBX 129 ($1.60) per share, for a total transaction of £2,177.52 ($2,706.00). Also, insider Kevin O’Byrne acquired 50,000 shares of the business’s stock in a transaction on Monday, October 28th. The shares were purchased at an average price of GBX 123 ($1.53) per share, for a total transaction of £61,500 ($76,426.00). Insiders acquired 55,257 shares of company stock valued at $6,803,904 in the last three months. 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.