Centrica (OTCMKTS:CPYYY) Upgraded to Strong-Buy at Jefferies Financial Group

Centrica (OTCMKTS:CPYYY) was upgraded by investment analysts at Jefferies Financial Group from a “hold” rating to a “strong-buy” rating in a note issued to investors on Monday, Zacks reports.

Several other research analysts have also recently commented on CPYYY. Kepler Capital Markets raised Centrica from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 27th. HSBC raised Centrica from a “hold” rating to a “buy” rating in a research report on Thursday, July 30th. Three analysts have rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company’s stock. According to MarketBeat.com, Centrica presently has an average rating of “Strong Buy”.

Centrica Trading Down 0.1%

Shares of OTCMKTS CPYYY opened at $8.03 on Monday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.37 and a current ratio of 1.43. The business has a 50-day moving average of $8.13 and a 200-day moving average of $9.73. Centrica has a fifty-two week low of $7.72 and a fifty-two week high of $12.15.

Centrica Company Profile

Centrica plc is a United Kingdom-based energy services company best known for its British Gas brand. It supplies gas and electricity to residential and business customers and provides related services, including boiler installation, maintenance and repair, home heating, plumbing and electrical assistance, and smart-home products through its Hive offering.

The company also serves commercial and industrial customers through Centrica Business Solutions, which provides energy management, distributed energy and low-carbon technology services.