Centrica plc (LON:CNA) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Centrica plc (LON:CNA) have earned an average rating of “Moderate Buy” from the seven brokerages that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, five have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is GBX 167 ($2.07).

Several analysts recently weighed in on the company. Jefferies Financial Group restated a “buy” rating and set a GBX 150 ($1.86) price objective on shares of Centrica in a research report on Friday, December 6th. Citigroup reaffirmed a “top pick” rating on shares of Centrica in a report on Thursday, December 5th.

Centrica Stock Performance

LON CNA opened at GBX 138 ($1.71) on Monday. Centrica has a 1 year low of GBX 112.99 ($1.40) and a 1 year high of GBX 157.90 ($1.96). The firm has a market capitalization of £7.16 billion, a price-to-earnings ratio of 627.27, a P/E/G ratio of 0.45 and a beta of 1.08. The company has a current ratio of 1.77, a quick ratio of 0.40 and a debt-to-equity ratio of 61.65. The firm’s 50 day simple moving average is GBX 125.29 and its 200 day simple moving average is GBX 127.48.

Insider Activity

In other news, insider Amber Rudd bought 1,688 shares of the firm’s stock in a transaction on Friday, December 27th. The stock was acquired at an average price of GBX 129 ($1.60) per share, with a total value of £2,177.52 ($2,704.99). Also, insider Kevin O’Byrne purchased 50,000 shares of the company’s stock in a transaction dated Monday, October 28th. The stock was purchased at an average price of GBX 123 ($1.53) per share, for a total transaction of £61,500 ($76,397.52). Over the last 90 days, insiders acquired 55,257 shares of company stock valued at $6,803,904. Insiders own 0.20% of the company’s stock.

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.