Insider Buying: Centrica (LON:CNA) Insider Purchases £2,615.58 in Stock

Centrica plc (LON:CNA) insider Frank Mastiaux acquired 1,321 shares of the company’s stock in a transaction dated Wednesday, March 25th. The shares were bought at an average cost of GBX 198 per share, for a total transaction of £2,615.58.

Frank Mastiaux also recently made the following trade(s):

• On Wednesday, February 25th, Frank Mastiaux bought 7,544 shares of Centrica stock. The stock was purchased at an average price of GBX 190 per share, with a total value of £14,333.60.

Centrica Stock Performance

Shares of CNA stock opened at GBX 200.45 on Friday. The business has a fifty day moving average of GBX 194.75 and a 200 day moving average of GBX 178.87. Centrica plc has a 1 year low of GBX 137.55 and a 1 year high of GBX 214. The company has a debt-to-equity ratio of 98.77, a current ratio of 1.45 and a quick ratio of 0.40. The firm has a market capitalization of £9.06 billion, a price-to-earnings ratio of -133.63, a price-to-earnings-growth ratio of 0.45 and a beta of 0.48.

Centrica (LON:CNA) last announced its quarterly earnings data on Friday, February 20th. The integrated energy company reported GBX 11.20 earnings per share for the quarter. Centrica had a return on equity of 1.68% and a net margin of 0.37%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Royal Bank Of Canada raised their price target on shares of Centrica from GBX 200 to GBX 215 and gave the stock an “outperform” rating in a research report on Tuesday, February 3rd. Citigroup upped their price objective on shares of Centrica from GBX 200 to GBX 218 and gave the company a “buy” rating in a report on Wednesday, March 11th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 202.40.

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.