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

Centrica plc (LON:CNA) has earned an average rating of “Moderate Buy” from the six research firms that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is GBX 164 ($2.08).

CNA has been the topic of a number of research analyst reports. Barclays dropped their target price on shares of Centrica from GBX 205 ($2.60) to GBX 190 ($2.41) and set an “underweight” rating on the stock in a research note on Wednesday, May 15th. UBS Group upgraded shares of Centrica to a “buy” rating and boosted their target price for the company from GBX 165 ($2.09) to GBX 170 ($2.16) in a research note on Wednesday, May 8th. Finally, Royal Bank of Canada raised shares of Centrica to an “outperform” rating and boosted their price target for the company from GBX 145 ($1.84) to GBX 170 ($2.16) in a research report on Friday, May 31st.

Centrica Stock Up 1.3 %

Centrica stock opened at GBX 137.75 ($1.75) on Thursday. Centrica has a fifty-two week low of GBX 116.45 ($1.48) and a fifty-two week high of GBX 173.70 ($2.20). The stock has a market cap of £7.31 billion, a PE ratio of 199.64, a price-to-earnings-growth ratio of 0.45 and a beta of 1.10. The firm’s 50-day simple moving average is GBX 136.09 and its 200 day simple moving average is GBX 135.82. The company has a debt-to-equity ratio of 96.93, a quick ratio of 0.40 and a current ratio of 1.44.

Insider Activity at Centrica

In other Centrica news, insider Philippe Boisseau purchased 1,428 shares of the stock in a transaction that occurred on Thursday, April 25th. The stock was bought at an average cost of GBX 131 ($1.66) per share, with a total value of £1,870.68 ($2,373.06). In related news, insider Chris O’Shea purchased 30,395 shares of Centrica stock in a transaction dated Monday, June 3rd. The stock was purchased at an average cost of GBX 99 ($1.26) per share, for a total transaction of £30,091.05 ($38,172.08). Also, insider Philippe Boisseau purchased 1,428 shares of Centrica stock in a transaction dated Thursday, April 25th. The stock was bought at an average price of GBX 131 ($1.66) per share, with a total value of £1,870.68 ($2,373.06). Insiders acquired a total of 2,820,254 shares of company stock valued at $404,719,356 in the last three months. Company insiders own 0.17% of the company’s stock.

Centrica Company Profile

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.