Centrica PLC (OTCMKTS:CPYYY) Receives Average Recommendation of “Buy” from Brokerages

Shares of Centrica PLC (OTCMKTS:CPYYY) have been given a consensus recommendation of “Buy” by the eight research firms that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold rating, four have assigned a buy rating and three have assigned a strong buy rating to the company.

A number of brokerages have recently issued reports on CPYYY. HSBC raised shares of Centrica from a “hold” rating to a “buy” rating in a research report on Thursday, July 30th. Kepler Capital Markets upgraded shares of Centrica from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th.

Centrica Price Performance

Shares of OTCMKTS CPYYY opened at $8.50 on Friday. Centrica has a 1-year low of $8.19 and a 1-year high of $12.15. The business has a fifty day moving average price of $8.98 and a 200 day moving average price of $10.28. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.37 and a current ratio of 1.43.

Centrica Company Profile

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.