Centrica’s (CNA) “Buy” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reiterated their buy rating on shares of Centrica (LON:CNA) in a report issued on Tuesday,Digital Look reports. They currently have a GBX 200 price objective on the integrated energy company’s stock.

Separately, Berenberg Bank dropped their target price on shares of Centrica from GBX 230 to GBX 200 and set a “buy” rating for the company in a research report on Monday, July 27th. Five analysts have rated the stock with a Buy rating. According to MarketBeat.com, Centrica has a consensus rating of “Buy” and a consensus target price of GBX 215.60.

Centrica Trading Up 0.1%

CNA opened at GBX 153 on Tuesday. Centrica has a twelve month low of GBX 144 and a twelve month high of GBX 220.30. The company has a 50-day simple moving average of GBX 150.04 and a 200 day simple moving average of GBX 177.90. The company has a quick ratio of 0.40, a current ratio of 1.43 and a debt-to-equity ratio of 80.68. The stock has a market capitalization of £6.93 billion, a price-to-earnings ratio of 10.13, a P/E/G ratio of 0.45 and a beta of 0.32.

Insider Buying and Selling

In other Centrica news, insider Chris O’Shea purchased 68,055 shares of the stock in a transaction dated Monday, September 21st. The stock was bought at an average price of GBX 148 per share, with a total value of £100,721.40. Also, insider Frank Mastiaux purchased 1,506 shares of the stock in a transaction dated Friday, September 25th. The shares were acquired at an average cost of GBX 149 per share, with a total value of £2,243.94. In the last 90 days, insiders have purchased 210,152 shares of company stock worth $31,121,550. 0.39% of the stock is owned by company insiders.

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. Our Infrastructure businesses bring gas and electricity to the market every day and provide more than half of the UK’s gas storage capacity, while our Optimisation business delivers world-class procurement and route-to-market capabilities to the Group and third parties, supporting energy security and our customers’ decarbonisation journeys.