Centrica PLC (LON:CNA) insider Iain C. Conn purchased 102 shares of Centrica stock in a transaction dated Thursday, November 1st. The shares were acquired at an average cost of GBX 148 ($1.93) per share, for a total transaction of £150.96 ($197.26).
Shares of CNA traded down GBX 1.20 ($0.02) during trading hours on Friday, reaching GBX 145.10 ($1.90). 14,962,978 shares of the company traded hands, compared to its average volume of 26,600,000. Centrica PLC has a 12-month low of GBX 119.71 ($1.56) and a 12-month high of GBX 221 ($2.89).
Centrica (LON:CNA) last announced its quarterly earnings data on Tuesday, July 31st. The integrated energy company reported GBX 6.40 ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates of GBX 9.80 ($0.13) by GBX (3.40) (($0.04)). Centrica had a net margin of 2.16% and a return on equity of 21.95%.
A number of equities analysts have recently issued reports on CNA shares. Berenberg Bank reduced their price target on Centrica from GBX 240 ($3.14) to GBX 170 ($2.22) and set a “buy” rating on the stock in a research report on Wednesday, July 18th. Deutsche Bank reaffirmed a “sell” rating on shares of Centrica in a research report on Wednesday, August 1st. Credit Suisse Group reissued an “outperform” rating and set a GBX 180 ($2.35) price objective (down from GBX 185 ($2.42)) on shares of Centrica in a report on Thursday, August 23rd. Citigroup reissued a “buy” rating and set a GBX 160 ($2.09) price objective on shares of Centrica in a report on Wednesday, August 29th. Finally, HSBC lowered shares of Centrica to a “reduce” rating and boosted their price objective for the company from GBX 130 ($1.70) to GBX 142 ($1.86) in a report on Friday, September 7th. Three equities research analysts have rated the stock with a sell rating and eight have given a buy rating to the company. Centrica presently has an average rating of “Hold” and a consensus price target of GBX 161.64 ($2.11).
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, Exploration & Production, and Centrica Storage segments.
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