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

Centrica plc (LON:CNA - Get Free Report) insider Amber Rudd purchased 1,668 shares of the company's stock in a transaction dated Wednesday, September 25th. The shares were acquired at an average price of GBX 119 ($1.59) per share, with a total value of £1,984.92 ($2,657.90).

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

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

Centrica Stock Performance

Centrica stock traded down GBX 0.50 ($0.01) during mid-day trading on Thursday, reaching GBX 117.05 ($1.57). 23,178,285 shares of the stock traded hands, compared to its average volume of 29,271,338. 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 business's 50-day moving average is GBX 126.87 and its 200-day moving average is GBX 131.39. The stock has a market capitalization of £6.09 billion, a PE ratio of 528.07, a price-to-earnings-growth ratio of 0.45 and a beta of 1.08. Centrica plc has a 12-month low of GBX 115.85 ($1.55) and a 12-month high of GBX 165.15 ($2.21).

Centrica Cuts Dividend

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

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on CNA. Berenberg Bank raised Centrica to a "buy" rating and lifted their price target for the stock from GBX 130 ($1.74) to GBX 155 ($2.08) in a research note on Friday, June 28th. JPMorgan Chase & Co. reaffirmed an "overweight" rating on shares of Centrica in a research note on Friday, July 5th. Finally, Royal Bank of Canada raised Centrica to an "outperform" rating and lifted their price target for the stock from GBX 145 ($1.94) to GBX 170 ($2.28) in a research note on Friday, May 31st. One investment analyst has rated the stock with a sell rating and five have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of GBX 171.25 ($2.29).

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.