Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
The latest update is out from Centrica ( (GB:CNA) ).
Centrica plc has announced the purchase of 2,198,016 of its own ordinary shares at an average price of 163.6947 pence per share, as part of its ongoing buyback programme. This move, part of a larger initiative that began in September 2025, reflects Centrica’s strategy to manage its capital structure effectively and potentially enhance shareholder value. The company now holds a significant number of shares in treasury, indicating a strong commitment to its buyback strategy, which may impact its market positioning and shareholder relations.
The most recent analyst rating on (GB:CNA) stock is a Hold with a £165.00 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 is driven by its improved financial performance and positive technical indicators. However, the negative P/E ratio and historical volatility in financial metrics suggest caution. The dividend yield adds some value, but the lack of earnings call data and notable corporate events limits further insights.
To see Spark’s full report on GB:CNA stock, click here.
More about Centrica
Centrica plc is a leading energy services and solutions company, primarily involved in the supply of electricity and gas to businesses and consumers. The company operates within the energy sector, focusing on providing sustainable energy solutions and services across the UK and beyond.
Average Trading Volume: 22,571,442
Technical Sentiment Signal: Buy
Current Market Cap: £7.44B
For an in-depth examination of CNA stock, go to TipRanks’ Overview page.