Centrica PLC (OTCMKTS:CPYYY) Given Consensus Recommendation of “Buy” by Analysts

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

A number of equities analysts recently weighed in on the stock. Royal Bank Of Canada restated an “outperform” rating on shares of Centrica in a research report on Wednesday, February 25th. Jefferies Financial Group lowered shares of Centrica from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 2nd. Citigroup upgraded shares of Centrica from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 11th. Kepler Capital Markets upgraded shares of Centrica from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Finally, The Goldman Sachs Group restated a “buy” rating on shares of Centrica in a research report on Wednesday, February 25th.

Centrica Trading Down 1.5%

Shares of OTCMKTS:CPYYY opened at $11.41 on Friday. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.41 and a current ratio of 1.45. The firm has a fifty day moving average price of $11.15 and a 200 day moving average price of $10.03. Centrica has a fifty-two week low of $7.50 and a fifty-two week high of $12.15.

About Centrica

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.