Centrica PLC (OTCMKTS:CPYYY) Given Average Recommendation of “Buy” by Brokerages

Shares of Centrica PLC (OTCMKTS:CPYYY) have been assigned an average rating of “Buy” from the seven ratings firms that are presently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and two have issued a strong buy rating on the company.

A number of research analysts have recently commented on the company. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Centrica in a research report on Wednesday, February 25th. Kepler Capital Markets raised Centrica from a “strong sell” rating to a “hold” rating in a report on Monday, March 16th. Citigroup upgraded Centrica from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 11th. Jefferies Financial Group downgraded shares of Centrica from a “strong-buy” rating to a “hold” rating in a report on Monday, March 2nd. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Centrica in a research report on Wednesday, February 25th.

Centrica Stock Up 5.3%

Shares of OTCMKTS CPYYY opened at $10.68 on Thursday. The stock has a fifty day simple moving average of $11.32 and a two-hundred day simple moving average of $10.25. Centrica has a 1-year low of $7.92 and a 1-year high of $12.15. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.45 and a quick ratio of 1.41.

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.