Centrica PLC (OTCMKTS:CPYYY) Receives Consensus Rating of “Buy” from Analysts

Centrica PLC (OTCMKTS:CPYYY) has been assigned an average recommendation of “Buy” from the seven ratings firms that are covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the company.

CPYYY has been the subject of several recent analyst reports. Kepler Capital Markets raised shares of Centrica from a “strong sell” rating to a “hold” rating in a research note on Monday, March 16th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Centrica in a research note on Wednesday, February 25th. Citigroup raised 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 reaffirmed an “outperform” rating on shares of Centrica in a research note on Wednesday, February 25th.

Centrica Stock Down 1.6%

CPYYY opened at $11.08 on Thursday. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.45 and a quick ratio of 1.41. The firm has a 50 day simple moving average of $11.31 and a 200 day simple moving average of $10.22. 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.