Brokerages Set Centrica plc (OTCMKTS:CPYYY) Target Price at $29.63

Shares of Centrica plc (OTCMKTS:CPYYY) have earned a consensus recommendation of “Buy” from the thirteen ratings firms that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and nine have given a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $29.63.

Several analysts have recently commented on CPYYY shares. Credit Suisse Group reiterated an “outperform” rating on shares of Centrica in a report on Tuesday, October 5th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Centrica in a report on Friday, October 8th. Zacks Investment Research upgraded Centrica from a “hold” rating to a “buy” rating and set a $4.25 price objective for the company in a report on Monday, January 3rd. Finally, Morgan Stanley upgraded Centrica from an “equal weight” rating to an “overweight” rating in a research note on Thursday, October 7th.

Shares of OTCMKTS CPYYY opened at $4.05 on Wednesday. The company has a quick ratio of 1.38, a current ratio of 1.43 and a debt-to-equity ratio of 1.22. The stock’s fifty day simple moving average is $3.61 and its two-hundred day simple moving average is $3.14. Centrica has a 12-month low of $2.48 and a 12-month high of $4.15.

Centrica Company Profile

Centrica Plc engages in the provision of energy supply and services. The company was founded on March 16, 1995 and is headquartered in Windsor, the United Kingdom.

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Analyst Recommendations for Centrica (OTCMKTS:CPYYY)

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