Amber Rudd Buys 1,668 Shares of Centrica plc (LON:CNA) Stock

Centrica plc (LON:CNA) insider Amber Rudd purchased 1,668 shares of the company’s stock in a transaction on Wednesday, September 25th. The stock was acquired at an average cost of GBX 119 ($1.59) per share, for a total transaction of £1,984.92 ($2,657.90).

Amber Rudd also recently made the following trade(s):

• On Tuesday, August 27th, Amber Rudd acquired 1,561 shares of Centrica stock. The stock was acquired at an average cost of GBX 127 ($1.70) per share, with a total value of £1,982.47 ($2,654.62).

Centrica Stock Up 0.1 %

CNA opened at GBX 117.20 ($1.57) on Friday. The company has a market capitalization of £6.09 billion, a P/E ratio of 532.73, a P/E/G ratio of 0.45 and a beta of 1.08. The company has a debt-to-equity ratio of 61.65, a current ratio of 1.77 and a quick ratio of 0.40. The firm’s fifty day moving average price is GBX 126.07 and its two-hundred day moving average price is GBX 131.22. Centrica plc has a fifty-two week low of GBX 115.85 ($1.55) and a fifty-two week high of GBX 165.15 ($2.21).

Centrica Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, November 14th. Investors of record on Thursday, October 3rd will be paid a GBX 1.50 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, October 3rd. This represents a yield of 1.05%. Centrica’s payout ratio is currently 1,818.18%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on CNA. Royal Bank of Canada upgraded shares of Centrica to an “outperform” rating and upped their target price for the company from GBX 145 ($1.94) to GBX 170 ($2.28) in a research note on Friday, May 31st. Berenberg Bank upgraded shares of Centrica to a “buy” rating and boosted their price objective for the stock from GBX 130 ($1.74) to GBX 155 ($2.08) in a report on Friday, June 28th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Centrica in a research note on Friday, July 5th. One analyst has rated the stock with a sell rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 171.25 ($2.29).

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.