Russell O’Brien Acquires 108 Shares of Centrica plc (LON:CNA) Stock

Centrica plc (LON:CNA) insider Russell O’Brien purchased 108 shares of Centrica stock in a transaction dated Wednesday, July 10th. The stock was bought at an average cost of GBX 140 ($1.79) per share, for a total transaction of £151.20 ($193.67).

Russell O’Brien also recently made the following trade(s):

• On Tuesday, June 11th, Russell O’Brien purchased 112 shares of Centrica stock. The stock was bought at an average cost of GBX 133 ($1.70) per share, for a total transaction of £148.96 ($190.80).
• On Friday, May 10th, Russell O’Brien purchased 109 shares of Centrica stock. The stock was bought at an average cost of GBX 138 ($1.77) per share, for a total transaction of £150.42 ($192.67).

Centrica Trading Down 1.8 %

Shares of Centrica stock opened at GBX 137.75 ($1.76) on Friday. The company has a fifty day simple moving average of GBX 137.93 and a 200-day simple moving average of GBX 135.47. Centrica plc has a 12-month low of GBX 121.98 ($1.56) and a 12-month high of GBX 173.70 ($2.22). The company has a current ratio of 1.44, a quick ratio of 0.40 and a debt-to-equity ratio of 96.93. The stock has a market cap of £7.31 billion, a price-to-earnings ratio of 199.64, a PEG ratio of 0.45 and a beta of 1.10.

Analysts Set New Price Targets

Several brokerages recently weighed in on CNA. UBS Group raised shares of Centrica to a “buy” rating and upped their target price for the stock from GBX 165 ($2.11) to GBX 170 ($2.18) in a research note on Wednesday, May 8th. Royal Bank of Canada raised shares of Centrica to an “outperform” rating and upped their target price for the stock from GBX 145 ($1.86) to GBX 170 ($2.18) in a research note on Friday, May 31st. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Centrica in a research note on Friday, July 5th. Berenberg Bank raised shares of Centrica to a “buy” rating and upped their target price for the stock from GBX 130 ($1.67) to GBX 155 ($1.99) in a research note on Friday, June 28th. Finally, Barclays cut their target price on shares of Centrica from GBX 205 ($2.63) to GBX 190 ($2.43) and set an “underweight” rating on the stock in a research note on Wednesday, May 15th. One equities research analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 171.25 ($2.19).

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.