Insider Buying: Centrica PLC (LON:CNA) Insider Acquires 190 Shares of Stock

Centrica PLC (LON:CNA) insider Chris O’Shea acquired 190 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The shares were bought at an average cost of GBX 79 ($1.03) per share, for a total transaction of £150.10 ($196.13).

Chris O’Shea also recently made the following trade(s):

  • On Tuesday, October 1st, Chris O’Shea bought 200 shares of Centrica stock. The shares were bought at an average price of GBX 75 ($0.98) per share, for a total transaction of £150 ($196.00).

Shares of CNA stock traded up GBX 0.94 ($0.01) during trading hours on Wednesday, hitting GBX 79 ($1.03). The company’s stock had a trading volume of 30,552,603 shares, compared to its average volume of 26,600,000. The business has a fifty day moving average of GBX 74.48 and a 200-day moving average of GBX 79.44. The stock has a market cap of $4.59 billion and a price-to-earnings ratio of -7.38. Centrica PLC has a twelve month low of GBX 63.99 ($0.84) and a twelve month high of GBX 141 ($1.84). The company has a current ratio of 0.90, a quick ratio of 0.72 and a debt-to-equity ratio of 181.72.

A number of equities research analysts have recently issued reports on CNA shares. UBS Group reiterated a “neutral” rating and set a GBX 68 ($0.89) price target (down from GBX 110 ($1.44)) on shares of Centrica in a research report on Tuesday, August 13th. Credit Suisse Group lowered their price target on Centrica from GBX 105 ($1.37) to GBX 83 ($1.08) and set a “neutral” rating on the stock in a report on Thursday, August 8th. Barclays reaffirmed an “underweight” rating on shares of Centrica in a research note on Thursday, November 14th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 75 ($0.98) price objective (down from GBX 110 ($1.44)) on shares of Centrica in a report on Thursday, September 5th. Finally, Berenberg Bank reduced their price objective on Centrica from GBX 140 ($1.83) to GBX 80 ($1.05) and set a “hold” rating for the company in a report on Monday, September 9th. Four analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the stock. Centrica has a consensus rating of “Hold” and an average price target of GBX 92.50 ($1.21).

About Centrica

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.

Further Reading: What are the reasons investors use put options?

Insider Buying and Selling by Quarter for Centrica (LON:CNA)

Receive News & Ratings for Centrica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Centrica and related companies with's FREE daily email newsletter.