Centrica PLC (LON:CNA) shares dropped 0% on Wednesday . The stock traded as low as GBX 141.35 ($1.92) and last traded at GBX 142.40 ($1.93). Approximately 18,175,520 shares traded hands during trading, a decline of 5% from the average daily volume of 19,120,000 shares. The stock had previously closed at GBX 142.40 ($1.93).
CNA has been the subject of several research analyst reports. Kepler Capital Markets reaffirmed a “buy” rating and set a GBX 190 ($2.58) target price on shares of Centrica in a research note on Friday, December 15th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 150 ($2.03) target price on shares of Centrica in a research note on Thursday, December 7th. Credit Suisse Group reaffirmed a “neutral” rating and set a GBX 225 ($3.05) target price on shares of Centrica in a research note on Wednesday, November 8th. reduced their target price on Centrica from GBX 202 ($2.74) to GBX 190 ($2.58) and set a “hold” rating for the company in a research note on Thursday, October 5th. Finally, Macquarie reaffirmed a “neutral” rating and set a GBX 180 ($2.44) target price on shares of Centrica in a research note on Thursday, October 26th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 187.59 ($2.54).
The company has a market cap of $7,810.00 and a price-to-earnings ratio of 1,394.50.
In other Centrica news, insider Margherita D. Valle purchased 1,152 shares of the stock in a transaction dated Wednesday, October 25th. The stock was acquired at an average cost of GBX 172 ($2.33) per share, for a total transaction of £1,981.44 ($2,687.06). Also, insider Iain C. Conn purchased 100,000 shares of the stock in a transaction dated Tuesday, December 12th. The shares were acquired at an average price of GBX 145 ($1.97) per share, with a total value of £145,000 ($196,636.83). Over the last 90 days, insiders acquired 104,334 shares of company stock valued at $15,139,536.
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Centrica plc is an energy and services company. The Company’s segments include Energy Supply & Services-UK & Ireland, Energy Supply & Services-North America, Connected Home, Distributed Energy & Power, Energy Marketing & Trading, Exploration & Production, Central Power Generation and Centrica Storage.
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