Brokerages Set Centrica plc (OTCMKTS:CPYYY) Price Target at $29.63

Centrica plc (OTCMKTS:CPYYY) has earned an average rating of “Buy” from the thirteen brokerages that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and nine have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $29.63.

A number of equities research analysts have recently commented on the stock. Zacks Investment Research raised shares of Centrica from a “hold” rating to a “buy” rating and set a $4.25 target price for the company in a report on Monday, January 3rd. Morgan Stanley raised shares of Centrica from an “equal weight” rating to an “overweight” rating in a report on Thursday, October 7th. Credit Suisse Group reissued an “outperform” rating on shares of Centrica in a report on Tuesday, October 5th. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Centrica in a report on Friday, October 8th.

Shares of OTCMKTS:CPYYY opened at $4.05 on Wednesday. The company has a 50-day simple moving average of $3.61 and a 200-day simple moving average of $3.14. Centrica has a one year low of $2.48 and a one year high of $4.15. The company has a quick ratio of 1.38, a current ratio of 1.43 and a debt-to-equity ratio of 1.22.

Centrica Company Profile

Centrica Plc engages in the provision of energy supply and services. The company was founded on March 16, 1995 and is headquartered in Windsor, the United Kingdom.

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Analyst Recommendations for Centrica (OTCMKTS:CPYYY)

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