Centrica (OTCMKTS:CPYYY) Rating Lowered to “Strong Sell” at Kepler Capital Markets

Centrica (OTCMKTS:CPYYY) was downgraded by analysts at Kepler Capital Markets from a “hold” rating to a “strong sell” rating in a report released on Monday,Zacks.com reports.

A number of other brokerages have also weighed in on CPYYY. The Goldman Sachs Group reissued a “buy” rating on shares of Centrica in a report on Wednesday, February 25th. Royal Bank Of Canada reissued an “outperform” rating on shares of Centrica in a report on Wednesday, February 25th. Jefferies Financial Group downgraded shares of Centrica from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 2nd. Finally, Citigroup reaffirmed a “neutral” rating on shares of Centrica in a research report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Centrica Stock Performance

Shares of CPYYY stock opened at $10.62 on Monday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.56 and a current ratio of 1.62. The business has a fifty day moving average of $10.27 and a 200 day moving average of $9.44. Centrica has a 1 year low of $7.00 and a 1 year high of $11.15.

About Centrica

Centrica plc is a British multinational energy and services company headquartered in Windsor, England. The company operates across energy supply, services and solutions, delivering gas and electricity to residential, commercial and industrial customers. In addition to commodity supply, Centrica offers a range of services such as boiler installation and maintenance, smart home technology, and energy efficiency solutions through its field-based engineering teams.

Established in 1997 following the demerger of British Gas, Centrica has evolved through strategic acquisitions and divestments to focus on core markets and capabilities.