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The latest update is out from Centrica ( (GB:CNA) ).
Centrica plc has announced the purchase of 559,344 of its own ordinary shares at a price of 165.0900 pence per share, as part of its 2025 buyback programme. This transaction, conducted through Goldman Sachs International, is part of a broader strategy to manage the company’s capital structure and enhance shareholder value, reflecting Centrica’s ongoing commitment to returning capital to shareholders.
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 engaged in the supply of electricity and gas to businesses and consumers. It is listed on the London Stock Exchange and operates within the energy sector, focusing on providing energy solutions and services.
Average Trading Volume: 22,389,287
Technical Sentiment Signal: Buy
Current Market Cap: £7.69B
See more insights into CNA stock on TipRanks’ Stock Analysis page.