Centrica PLC (OTCMKTS:CPYYY) – Investment analysts at Jefferies Group lifted their FY2017 EPS estimates for Centrica in a research note issued on Thursday, according to Zacks Investment Research. Jefferies Group analyst A. Farman now expects that the utilities provider will post earnings of $0.70 per share for the year, up from their previous forecast of $0.67. Jefferies Group also issued estimates for Centrica’s FY2018 earnings at $0.75 EPS and FY2020 earnings at $0.75 EPS.
CPYYY has been the topic of several other research reports. Goldman Sachs Group raised shares of Centrica from a “sell” rating to a “neutral” rating in a research note on Friday, November 24th. Royal Bank of Canada raised shares of Centrica from a “sector perform” rating to an “outperform” rating in a research note on Monday, February 26th. Credit Suisse Group raised shares of Centrica from a “neutral” rating to an “outperform” rating in a research note on Friday, January 5th. Zacks Investment Research lowered shares of Centrica from a “hold” rating to a “sell” rating in a research note on Thursday, November 30th. Finally, ValuEngine lowered shares of Centrica from a “buy” rating to a “hold” rating in a research note on Thursday, February 8th. One research analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $12.00.
Shares of Centrica (CPYYY) traded down $0.02 on Monday, hitting $7.92. 18,581 shares of the stock were exchanged, compared to its average volume of 65,042. The company has a debt-to-equity ratio of 2.25, a quick ratio of 1.23 and a current ratio of 1.28. Centrica has a 52-week low of $6.97 and a 52-week high of $11.10.
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Centrica plc is an energy and services company. The Company’s segments include Energy Supply & Services-UK & Ireland, Energy Supply & Services-North America, Connected Home, Distributed Energy & Power, Energy Marketing & Trading, Exploration & Production, Central Power Generation and Centrica Storage.
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