Zacks Investment Research Lowers CENTRICA PLC/S (OTCMKTS:CPYYY) to Sell

CENTRICA PLC/S (OTCMKTS:CPYYY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Tuesday, Zacks.com reports.

According to Zacks, “Centrica is a top thirty FTSE100 company with growing energy businesses in the UK, North America and Europe. They secure and supply gas and electricity for millions of homes and businesses and offer a distinctive range of home energy solutions and low-carbon products and services. “

CPYYY has been the topic of a number of other reports. Citigroup upgraded CENTRICA PLC/S from a “neutral” rating to a “buy” rating in a report on Thursday, September 26th. Royal Bank of Canada upgraded CENTRICA PLC/S from an “underperform” rating to a “sector perform” rating in a report on Thursday, August 1st. HSBC upgraded CENTRICA PLC/S from a “reduce” rating to a “hold” rating in a report on Monday, July 29th. Jefferies Financial Group upgraded CENTRICA PLC/S from a “hold” rating to a “buy” rating in a report on Thursday, September 19th. Finally, Societe Generale began coverage on CENTRICA PLC/S in a report on Friday, June 7th. They issued a “hold” rating on the stock. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold”.

Shares of OTCMKTS CPYYY traded down $0.00 during mid-day trading on Tuesday, reaching $3.77. The company had a trading volume of 180,231 shares, compared to its average volume of 108,342. The company has a current ratio of 0.90, a quick ratio of 0.85 and a debt-to-equity ratio of 1.64. The stock has a market cap of $5.17 billion, a PE ratio of 6.38, a P/E/G ratio of 1.76 and a beta of 0.22. The company has a 50-day moving average price of $3.50 and a two-hundred day moving average price of $4.64. CENTRICA PLC/S has a 1-year low of $3.17 and a 1-year high of $8.29.

CENTRICA PLC/S Company Profile

Centrica plc operates as an integrated energy company in the United Kingdom, the Republic of Ireland, Germany, Norway, rest of Europe, the United States, Canada, and internationally. The company operates through Centrica Consumer, Centrica Business, and Exploration & Production segments. It supplies gas and electricity to residential customers, as well as offers energy-related services; and generates power from combined cycle gas turbines and nuclear assets.

Featured Story: What is the formula for calculating total return?

Get a free copy of the Zacks research report on CENTRICA PLC/S (CPYYY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Analyst Recommendations for CENTRICA PLC/S (OTCMKTS:CPYYY)

Receive News & Ratings for CENTRICA PLC/S Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CENTRICA PLC/S and related companies with MarketBeat.com's FREE daily email newsletter.