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

Centrica plc (LON:CNA) insider Russell O’Brien purchased 125 shares of the stock in a transaction on Thursday, October 10th. The shares were acquired 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 bought 119 shares of Centrica stock. The shares were purchased at an average price of GBX 126 ($1.65) per share, for a total transaction of £149.94 ($196.23).

Centrica Stock Performance

Centrica stock opened at GBX 122.75 ($1.61) on Friday. The company has a quick ratio of 0.40, a current ratio of 1.77 and a debt-to-equity ratio of 61.65. The company has a market capitalization of £6.37 billion, a P/E ratio of 557.95, a PEG ratio of 0.45 and a beta of 1.08. The stock’s 50 day moving average is GBX 122.96 and its 200 day moving average is GBX 130.52. Centrica plc has a twelve month low of GBX 113.90 ($1.49) and a twelve month high of GBX 165.15 ($2.16).

Centrica Cuts Dividend

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

Wall Street Analysts Forecast Growth

CNA has been the topic of a number of research analyst reports. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Centrica in a report on Friday, July 5th. Berenberg Bank upgraded Centrica to a “buy” rating and upped their target price for the stock from GBX 130 ($1.70) to GBX 155 ($2.03) in a report on Friday, June 28th. One investment analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. According to MarketBeat, Centrica currently has a consensus rating of “Moderate Buy” and an average price target of GBX 171.25 ($2.24).

Centrica Company Profile

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.