Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Centrica ( (GB:CNA) ) has shared an update.
Centrica plc has announced the purchase of 1,841,244 of its own ordinary shares at a price of 163.1500 pence per share, as part of the first tranche of its 2025 buyback program. This move is in line with the company’s strategy to manage its capital structure and return value to shareholders, impacting its treasury holdings and overall share issuance.
The most recent analyst rating on (GB:CNA) stock is a Buy with a £200.00 price target. To see the full list of analyst forecasts on Centrica stock, see the GB:CNA Stock Forecast page.
Spark’s Take on GB:CNA Stock
According to Spark, TipRanks’ AI Analyst, GB:CNA is a Outperform.
Centrica’s overall stock score is driven by strong corporate events and technical analysis, indicating positive market momentum and strategic capital management. However, the negative P/E ratio and historical financial volatility temper the overall outlook.
To see Spark’s full report on GB:CNA stock, click here.
More about Centrica
Centrica plc is a company listed on the London Stock Exchange, operating in the energy sector. It is involved in the supply of energy and related services, primarily focusing on the UK market.
Average Trading Volume: 22,389,287
Technical Sentiment Signal: Buy
Current Market Cap: £7.69B
Find detailed analytics on CNA stock on TipRanks’ Stock Analysis page.