Centrica PLC (OTCMKTS:CPYYY) Stock Now Rated “Buy” by Wall Street Brokerages

Shares of Centrica PLC (OTCMKTS:CPYYY) have received a consensus recommendation of “Buy” from the six ratings firms that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company.

CPYYY has been the topic of a number of recent research reports. HSBC raised shares of Centrica from a “hold” rating to a “buy” rating in a report on Thursday, July 30th. Kepler Capital Markets raised shares of Centrica from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 27th.

Centrica Stock Down 0.8%

CPYYY stock opened at $7.90 on Friday. Centrica has a twelve month low of $7.72 and a twelve month high of $12.15. The business has a 50 day simple moving average of $8.25 and a 200-day simple moving average of $9.55. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.43 and a quick ratio of 1.37.

About Centrica

Centrica plc is a United Kingdom-based energy and home-services company best known for operating British Gas. The company supplies gas and electricity to residential and business customers and provides installation, maintenance, repair and support services for heating, plumbing, electrical systems and other home-energy equipment.

Through British Gas and related operations, Centrica also offers smart-home products and energy-management services, including technologies designed to help customers monitor and manage their energy use.