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Centrica ( (GB:CNA) ) has provided an announcement.
Centrica plc announced the purchase of 2,236,791 of its own ordinary shares at an average price of 166.4100 pence per share, as part of its 2025 buyback programme. This move is part of a broader strategy to enhance shareholder value and manage capital efficiently, reflecting the company’s commitment to returning capital to shareholders and potentially impacting its share price positively.
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 Neutral.
Centrica’s overall stock score reflects a mix of improved financial performance and weak technical and valuation metrics. The company’s financial health shows signs of recovery, but historical volatility and current bearish technical indicators weigh heavily on the score. The negative P/E ratio further impacts the valuation 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 within the energy sector, focusing on energy production, distribution, and related services.
Average Trading Volume: 19,044,698
Technical Sentiment Signal: Buy
Current Market Cap: £7.91B
For a thorough assessment of CNA stock, go to TipRanks’ Stock Analysis page.