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The latest update is out from Centrica ( (GB:CNA) ).
Centrica plc announced the purchase of 1,389,926 of its own ordinary shares at a price of 161.6800 pence per share, as part of its 2025 buyback program. This move, executed through Goldman Sachs International, is part of an ongoing effort to manage share capital and enhance shareholder value, with significant implications for the company’s financial strategy and market positioning.
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 British multinational energy and services company primarily involved in the supply of electricity and gas to consumers and businesses. It operates in the energy sector, focusing on energy supply, services, and solutions, with a significant presence in the UK market.
Average Trading Volume: 22,541,087
Technical Sentiment Signal: Buy
Current Market Cap: £7.78B
Learn more about CNA stock on TipRanks’ Stock Analysis page.