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The latest announcement is out from Centrica ( (GB:CNA) ).
Centrica plc has announced the purchase of 2,107,538 of its own ordinary shares at a price of 171.2271 pence per share, as part of the second tranche of its buyback programme. This move, executed through J.P. Morgan Securities plc, is part of a broader strategy to manage its capital structure and return value to shareholders, having already acquired over 34 million shares since September 2025. The acquisition of these shares, which will be held as treasury shares, reflects Centrica’s ongoing efforts to enhance shareholder value and optimize its financial operations.
The most recent analyst rating on (GB:CNA) stock is a Buy with a £210.00 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 businesses and consumers in the UK and Ireland. The company also provides energy-related services and solutions, focusing on delivering sustainable energy solutions and improving energy efficiency.
Average Trading Volume: 20,250,636
Technical Sentiment Signal: Buy
Current Market Cap: £7.88B
For detailed information about CNA stock, go to TipRanks’ Stock Analysis page.