Centrica (LON:CNA – Get Rating)‘s stock had its “overweight” rating restated by stock analysts at JPMorgan Chase & Co. in a research report issued on Tuesday, MarketBeat Ratings reports.
Several other brokerages have also issued reports on CNA. Morgan Stanley reaffirmed an “overweight” rating on shares of Centrica in a research note on Wednesday, May 11th. Barclays cut their price target on shares of Centrica from GBX 123 ($1.51) to GBX 121 ($1.48) and set an “overweight” rating on the stock in a research report on Friday, May 27th. Royal Bank of Canada increased their price target on shares of Centrica from GBX 90 ($1.10) to GBX 125 ($1.53) and gave the company an “outperform” rating in a research report on Monday, May 16th. Finally, Citigroup reiterated a “buy” rating and issued a GBX 105 ($1.29) price target on shares of Centrica in a research report on Monday, May 23rd. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 98.33 ($1.21).
Shares of LON CNA traded up GBX 1.90 ($0.02) during mid-day trading on Tuesday, hitting GBX 84.10 ($1.03). The company’s stock had a trading volume of 14,163,938 shares, compared to its average volume of 25,589,111. The stock has a market cap of £4.97 billion and a price-to-earnings ratio of 4.10. The company has a debt-to-equity ratio of 168.84, a current ratio of 1.11 and a quick ratio of 0.55. Centrica has a one year low of GBX 45.21 ($0.55) and a one year high of GBX 89.60 ($1.10). The company’s fifty day simple moving average is GBX 80.38 and its 200-day simple moving average is GBX 77.09.
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In other Centrica news, insider Kate Ringrose sold 66,043 shares of the firm’s stock in a transaction that occurred on Friday, April 1st. The shares were sold at an average price of GBX 79 ($0.97), for a total transaction of £52,173.97 ($64,009.29). Also, insider Amber Rudd bought 2,449 shares of the company’s stock in a transaction on Monday, April 25th. The shares were bought at an average price of GBX 78 ($0.96) per share, for a total transaction of £1,910.22 ($2,343.54). Insiders have acquired a total of 17,204 shares of company stock worth $1,427,262 over the last 90 days.
About Centrica (Get Rating)
Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Norway, North America, and internationally. The company operates through British Gas Services & Solutions, British Gas Energy, Centrica Business Solutions, Bord Gáis Energy, Energy Marketing & Trading, and Upstream segments.
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