Centrica (LON:CNA) Rating Reiterated by Royal Bank of Canada

Centrica (LON:CNA – Get Rating)‘s stock had its “outperform” rating reissued by Royal Bank of Canada in a report issued on Thursday, Marketbeat Ratings reports. They currently have a GBX 130 ($1.59) price target on the integrated energy company’s stock. Royal Bank of Canada’s price target would indicate a potential upside of 31.74% from the company’s previous close.

CNA has been the subject of several other reports. Barclays restated an “overweight” rating and set a GBX 144 ($1.76) target price on shares of Centrica in a research note on Friday, November 11th. Citigroup upped their target price on Centrica from GBX 110 ($1.34) to GBX 118 ($1.44) and gave the stock a “buy” rating in a research note on Wednesday. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 128 ($1.56).

Centrica Trading Up 1.1 %

Shares of CNA stock opened at GBX 98.68 ($1.20) on Thursday. The company has a current ratio of 1.03, a quick ratio of 0.40 and a debt-to-equity ratio of 176.45. The stock has a market cap of £5.78 billion and a P/E ratio of 986.80. The stock has a 50 day simple moving average of GBX 93.73 and a 200 day simple moving average of GBX 84.35. Centrica has a 1 year low of GBX 65.78 ($0.80) and a 1 year high of GBX 99.54 ($1.21).

Insider Activity

In other news, insider Amber Rudd purchased 2,798 shares of the company’s stock in a transaction dated Tuesday, October 25th. The stock was bought at an average cost of GBX 69 ($0.84) per share, for a total transaction of £1,930.62 ($2,355.85). In the last ninety days, insiders bought 7,363 shares of company stock worth $630,295.

Centrica Company Profile

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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.