Centrica plc (OTCMKTS:CPYYY) Receives Average Rating of “Buy” from Analysts

Centrica plc (OTCMKTS:CPYYY) has been assigned an average rating of “Buy” from the six brokerages that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation, two have given a buy recommendation and two have assigned a strong buy recommendation to the company.

CPYYY has been the subject of several analyst reports. Kepler Capital Markets lowered Centrica from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 9th. Barclays lowered Centrica from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 19th.

Centrica Price Performance

OTCMKTS:CPYYY opened at $8.25 on Tuesday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.66 and a current ratio of 1.77. Centrica has a one year low of $5.80 and a one year high of $8.71. The business has a fifty day moving average price of $7.85 and a 200-day moving average price of $7.14.

Centrica Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, June 16th. Investors of record on Monday, May 5th will be issued a $0.1402 dividend. This is an increase from Centrica’s previous dividend of $0.07. The ex-dividend date of this dividend is Friday, May 2nd. This represents a dividend yield of 3.9%.

Centrica Company Profile

Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally. The company operates through British Gas Services & Solutions, British Gas Energy, Centrica Business Solutions, Bord Gáis Energy, Centrica Energy, and Upstream segments.