Shares of Centrica PLC (LON:CNA) have received an average rating of “Hold” from the thirteen research firms that are presently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is GBX 60.04 ($0.78).
CNA has been the subject of several analyst reports. Bank of America upgraded shares of Centrica to a “neutral” rating in a research note on Tuesday, July 28th. Credit Suisse Group reiterated an “outperform” rating and issued a GBX 70 ($0.91) price objective on shares of Centrica in a research note on Friday, June 12th. Barclays boosted their target price on shares of Centrica from GBX 50 ($0.65) to GBX 60 ($0.78) and gave the company an “overweight” rating in a research report on Monday, July 27th. UBS Group restated a “neutral” rating and issued a GBX 50 ($0.65) target price (up from GBX 30 ($0.39)) on shares of Centrica in a research report on Monday, July 27th. Finally, Jefferies Financial Group restated a “hold” rating and issued a GBX 60 ($0.78) target price (up from GBX 29 ($0.38)) on shares of Centrica in a research report on Tuesday, July 28th.
In related news, insider Chris OShea purchased 40,600 shares of the stock in a transaction dated Thursday, August 13th. The stock was purchased at an average price of GBX 48 ($0.63) per share, with a total value of £19,488 ($25,464.52). Insiders have purchased a total of 41,241 shares of company stock worth $1,978,877 over the last ninety days.
Centrica stock traded up GBX 0.24 ($0.00) during midday trading on Monday, hitting GBX 40.09 ($0.52). The company’s stock had a trading volume of 18,036,679 shares, compared to its average volume of 39,592,598. Centrica has a 1-year low of GBX 29.10 ($0.38) and a 1-year high of GBX 95.32 ($1.25). The company has a debt-to-equity ratio of 363.64, a current ratio of 1.04 and a quick ratio of 0.74. The company has a 50-day moving average price of GBX 44.28 and a two-hundred day moving average price of GBX 40.84. The company has a market cap of $2.34 billion and a price-to-earnings ratio of -3.49.
Centrica Company Profile
Centrica plc operates as an integrated energy company in the United Kingdom, the Republic of Ireland, Germany, Norway, rest of Europe, the United States, Canada, and internationally. The company operates through Centrica Consumer, Centrica Business, and Exploration & Production segments. It supplies gas and electricity to residential customers, as well as offers energy-related services; and generates power from combined cycle gas turbines and nuclear assets.
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