Centrica plc (LON:CNA) Insider Russell O’Brien Buys 125 Shares

Centrica plc (LON:CNA) insider Russell O’Brien bought 125 shares of the firm’s stock in a transaction on Thursday, October 10th. The stock was purchased at an average cost of GBX 120 ($1.57) per share, with a total value of £150 ($196.31).

Russell O’Brien also recently made the following trade(s):

• On Monday, August 12th, Russell O’Brien purchased 119 shares of Centrica stock. The shares were purchased at an average cost of GBX 126 ($1.65) per share, with a total value of £149.94 ($196.23).

Centrica Price Performance

Shares of CNA opened at GBX 122.75 ($1.61) on Friday. The firm has a fifty day simple moving average of GBX 122.96 and a two-hundred day simple moving average of GBX 130.52. The firm has a market cap of £6.37 billion, a PE ratio of 557.95, a P/E/G ratio of 0.45 and a beta of 1.08. The company has a current ratio of 1.77, a quick ratio of 0.40 and a debt-to-equity ratio of 61.65. Centrica plc has a 1-year low of GBX 113.90 ($1.49) and a 1-year high of GBX 165.15 ($2.16).

Centrica Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, November 14th. Investors of record on Thursday, October 3rd will be given a dividend of GBX 1.50 ($0.02) per share. This represents a yield of 1.05%. The ex-dividend date of this dividend is Thursday, October 3rd. Centrica’s dividend payout ratio (DPR) is presently 1,818.18%.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. Berenberg Bank upgraded Centrica to a “buy” rating and increased their target price for the company from GBX 130 ($1.70) to GBX 155 ($2.03) in a research note on Friday, June 28th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Centrica in a report on Friday, July 5th. One equities research analyst has rated the stock with a sell rating and five have given a buy rating to the stock. According to data from MarketBeat, Centrica currently has an average rating of “Moderate Buy” and an average price target of GBX 171.25 ($2.24).

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.