CENTRICA PLC/S (CPYYY) Upgraded to Hold by Zacks Investment Research
Zacks Investment Research upgraded shares of CENTRICA PLC/S (OTCMKTS:CPYYY) from a sell rating to a hold rating in a research note published on Monday morning.
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. “
Several other equities analysts have also weighed in on the stock. JPMorgan Chase & Co. raised shares of CENTRICA PLC/S from a neutral rating to an overweight rating in a research report on Wednesday, June 6th. Morgan Stanley lowered shares of CENTRICA PLC/S from an equal weight rating to an underweight rating in a research report on Thursday, May 31st. Finally, ValuEngine lowered shares of CENTRICA PLC/S from a hold rating to a sell rating in a research report on Friday, June 1st. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average 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.
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