Centrica PLC (OTCMKTS:CPYYY) Given Consensus Rating of “Buy” by Brokerages

Centrica PLC (OTCMKTS:CPYYY) has been assigned a consensus rating of “Buy” from the seven brokerages that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and two have given a strong buy recommendation to the company.

Several brokerages recently weighed in on CPYYY. The Goldman Sachs Group reissued a “buy” rating on shares of Centrica in a research report on Wednesday, February 25th. Kepler Capital Markets raised shares of Centrica from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Jefferies Financial Group downgraded shares of Centrica from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 2nd. Royal Bank Of Canada reissued an “outperform” rating on shares of Centrica in a research report on Wednesday, February 25th. Finally, Citigroup upgraded shares of Centrica from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 11th.

Centrica Stock Performance

Shares of CPYYY opened at $10.20 on Monday. 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 moving average of $11.09 and a 200 day moving average of $10.42. Centrica has a twelve month low of $7.97 and a twelve month 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.