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

Shares of Centrica PLC (OTCMKTS:CPYYY) have been given a consensus rating of “Buy” by the seven research firms that are covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold recommendation, three have given a buy recommendation and two have assigned a strong buy recommendation to the company.

Several equities analysts have issued reports on the stock. The Goldman Sachs Group restated a “buy” rating on shares of Centrica in a research note on Wednesday, February 25th. Kepler Capital Markets upgraded shares of Centrica from a “strong sell” rating to a “hold” rating in a research note on Monday, March 16th. Citigroup upgraded shares of Centrica from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 11th. 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, Royal Bank Of Canada reiterated an “outperform” rating on shares of Centrica in a research note on Wednesday, February 25th.

Centrica Stock Performance

Shares of CPYYY stock opened at $10.34 on Monday. The company has a current ratio of 1.45, a quick ratio of 1.41 and a debt-to-equity ratio of 0.75. The firm has a fifty day moving average price of $11.19 and a 200 day moving average price of $10.38. Centrica has a 12 month low of $7.97 and a 12 month high of $12.15.

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.