Centrica PLC (OTCMKTS:CPYYY) Receives Average Recommendation of “Buy” from Brokerages

Centrica PLC (OTCMKTS:CPYYY) has received a consensus recommendation of “Buy” from the seven research firms that are presently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation, three have given a buy recommendation and two have assigned a strong buy recommendation to the company.

Several research analysts have recently commented on CPYYY shares. Jefferies Financial Group lowered Centrica from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 2nd. Royal Bank Of Canada reissued an “outperform” rating on shares of Centrica in a research report on Wednesday, February 25th. Kepler Capital Markets raised Centrica from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. The Goldman Sachs Group reissued a “buy” rating on shares of Centrica in a research report on Wednesday, February 25th. Finally, Citigroup raised Centrica from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 11th.

Centrica Price Performance

CPYYY opened at $10.20 on Monday. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.45 and a quick ratio of 1.41. Centrica has a 12 month low of $7.97 and a 12 month high of $12.15. The stock has a fifty day moving average price of $11.09 and a 200-day moving average price of $10.44.

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.