Analysts Set Centrica plc (LON:CNA) Price Target at GBX 221.33

Centrica plc (LON:CNAGet Free Report) has been assigned a consensus rating of “Moderate Buy” from the six ratings firms that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is GBX 216.33.

A number of equities analysts recently issued reports on CNA shares. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 225 target price on shares of Centrica in a report on Monday, May 11th. Jefferies Financial Group restated a “hold” rating and set a GBX 210 price objective on shares of Centrica in a report on Friday, May 8th. Berenberg Bank dropped their price objective on shares of Centrica from GBX 230 to GBX 200 and set a “buy” rating on the stock in a research note on Monday. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Centrica from GBX 245 to GBX 235 and set an “overweight” rating for the company in a report on Friday, May 15th.

View Our Latest Research Report on CNA

Insiders Place Their Bets

In related news, insider Jonathan Howell acquired 50,000 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was purchased at an average cost of GBX 197 per share, with a total value of £98,500. Also, insider Chris O’Shea acquired 456 shares of the stock in a transaction dated Thursday, May 14th. The stock was bought at an average cost of GBX 202 per share, with a total value of £921.12. Insiders have purchased 82,011 shares of company stock worth $16,165,442 in the last 90 days. Company insiders own 0.39% of the company’s stock.

Centrica Stock Down 0.1%

CNA stock opened at GBX 155.10 on Wednesday. The stock’s 50 day simple moving average is GBX 179.05 and its 200 day simple moving average is GBX 191.70. The company has a market cap of £7.02 billion, a P/E ratio of -103.40, a price-to-earnings-growth ratio of 0.45 and a beta of 0.34. The company has a debt-to-equity ratio of 80.68, a quick ratio of 0.40 and a current ratio of 1.43. Centrica has a fifty-two week low of GBX 153.60 and a fifty-two week high of GBX 220.30.

Centrica (LON:CNAGet Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The integrated energy company reported GBX 6.80 EPS for the quarter. Centrica had a return on equity of 21.92% and a net margin of 3.64%.

About Centrica

(Get Free Report)

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.

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Analyst Recommendations for Centrica (LON:CNA)

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