CENTRICA PLC/S (CPYYY) Stock Rating Lowered by Zacks Investment Research
Zacks Investment Research downgraded shares of CENTRICA PLC/S (OTCMKTS:CPYYY) from a hold rating to a sell rating in a research note published on Monday.
According to Zacks, “Centrica is a top thirty FTSE100 company with growing energy businesses in the UK, North America and Europe. They secure and supply gas and electricity for millions of homes and businesses and offer a distinctive range of home energy solutions and low-carbon products and services. “
A number of other analysts also recently commented on the stock. Credit Suisse Group reissued a neutral rating on shares of CENTRICA PLC/S in a report on Wednesday, January 23rd. HSBC raised shares of CENTRICA PLC/S from a reduce rating to a hold rating in a report on Monday, November 26th. Citigroup downgraded shares of CENTRICA PLC/S from a buy rating to a neutral rating in a report on Friday, February 8th. UBS Group downgraded shares of CENTRICA PLC/S from a buy rating to a neutral rating in a report on Wednesday, December 5th. Finally, Goldman Sachs Group downgraded shares of CENTRICA PLC/S from a buy rating to a neutral rating in a report on Friday, February 22nd. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of $9.25.
About CENTRICA PLC/S
Centrica plc operates as an integrated energy company in the United Kingdom, the Republic of Ireland, Germany, Norway, rest of Europe, the United States, Canada, and internationally. The company operates through Centrica Consumer, Centrica Business, Exploration & Production, and Centrica Storage segments.
Further Reading: Limitations of the P/E Growth ratio
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