Centrica PLC (OTCMKTS:CPYYY) Receives Average Recommendation of “Buy” from Brokerages

Shares of Centrica PLC (OTCMKTS:CPYYY) have earned a consensus recommendation of “Buy” from the seven ratings firms that are currently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and two have given a strong buy rating to the company.

CPYYY has been the topic of a number of research reports. Royal Bank Of Canada reiterated an “outperform” rating on shares of Centrica in a research report on Wednesday, February 25th. The Goldman Sachs Group reiterated a “buy” rating on shares of Centrica in a research report on Wednesday, February 25th. Kepler Capital Markets raised shares of Centrica from a “strong sell” rating to a “hold” rating in a research note on Monday, March 16th. Jefferies Financial Group downgraded shares of Centrica from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 2nd. Finally, Citigroup raised shares of Centrica from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 11th.

Centrica Price Performance

Shares of CPYYY stock opened at $11.08 on Thursday. Centrica has a 1 year low of $7.50 and a 1 year high of $12.15. The firm’s 50 day moving average is $11.31 and its 200-day moving average is $10.22. The company has a current ratio of 1.45, a quick ratio of 1.41 and a debt-to-equity ratio of 0.75.

Centrica Company Profile

Centrica plc is a British multinational energy and services company headquartered in Windsor, England. The company operates across energy supply, services and solutions, delivering gas and electricity to residential, commercial and industrial customers. In addition to commodity supply, Centrica offers a range of services such as boiler installation and maintenance, smart home technology, and energy efficiency solutions through its field-based engineering teams.

Established in 1997 following the demerger of British Gas, Centrica has evolved through strategic acquisitions and divestments to focus on core markets and capabilities.