Centrica (OTCMKTS:CPYYY) Raised to Strong-Buy at Jefferies Financial Group

Centrica (OTCMKTS:CPYYY) was upgraded by analysts at Jefferies Financial Group from a “hold” rating to a “strong-buy” rating in a research note issued on Monday, Zacks reports.

A number of other research firms have also recently commented on CPYYY. Kepler Capital Markets raised shares of Centrica from a “hold” rating to a “strong-buy” rating in a report on Monday, July 27th. HSBC upgraded Centrica from a “hold” rating to a “buy” rating in a research note on Thursday, July 30th. Three equities research analysts have rated the stock with a Strong Buy rating and three have issued a Buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Strong Buy”.

Centrica Stock Performance

CPYYY opened at $8.03 on Monday. Centrica has a fifty-two week low of $7.72 and a fifty-two week high of $12.15. The firm has a 50-day moving average of $8.13 and a 200 day moving average of $9.73. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.37 and a current ratio of 1.43.

About Centrica

Centrica plc is a United Kingdom-based energy services company best known for its British Gas brand. It supplies gas and electricity to residential and business customers and provides related services, including boiler installation, maintenance and repair, home heating, plumbing and electrical assistance, and smart-home products through its Hive offering.

The company also serves commercial and industrial customers through Centrica Business Solutions, which provides energy management, distributed energy and low-carbon technology services.