Russell O’Brien Buys 125 Shares of Centrica plc (LON:CNA) Stock

Centrica plc (LON:CNA) insider Russell O’Brien bought 125 shares of Centrica stock in a transaction dated Thursday, October 10th. The shares were acquired at an average cost of GBX 120 ($1.57) per share, for a total transaction of £150 ($196.31).

Russell O’Brien also recently made the following trade(s):

• On Monday, August 12th, Russell O’Brien acquired 119 shares of Centrica stock. The shares were bought at an average cost of GBX 126 ($1.65) per share, for a total transaction of £149.94 ($196.23).

Centrica Trading Up 2.1 %

LON:CNA opened at GBX 122.75 ($1.61) on Friday. The firm has a market capitalization of £6.37 billion, a P/E ratio of 557.95, a PEG 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. Centrica plc has a one year low of GBX 113.90 ($1.49) and a one year high of GBX 165.15 ($2.16). The company’s 50-day simple moving average is GBX 122.96 and its 200 day simple moving average is GBX 130.52.

Centrica Cuts Dividend

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

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Centrica in a research note on Friday, July 5th. Berenberg Bank raised Centrica to a “buy” rating and lifted their price objective for the company from GBX 130 ($1.70) to GBX 155 ($2.03) in a research report on Friday, June 28th. One investment analyst has rated the stock with a sell rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 171.25 ($2.24).

About Centrica

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.