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

Centrica PLC (OTCMKTS:CPYYY) has been assigned an average recommendation of “Buy” from the six ratings firms that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, three have given a buy recommendation and two have given a strong buy recommendation to the company.

CPYYY has been the topic of several research analyst reports. Kepler Capital Markets upgraded Centrica from a “hold” rating to a “strong-buy” rating in a report on Monday, July 27th. HSBC raised Centrica from a “hold” rating to a “buy” rating in a report on Thursday, July 30th.

Centrica Price Performance

Shares of CPYYY opened at $8.01 on Wednesday. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.43 and a quick ratio of 1.37. Centrica has a one year low of $7.79 and a one year high of $12.15. The business’s 50 day simple moving average is $8.58 and its 200-day simple moving average is $9.95.

Centrica Company Profile

Centrica plc is a United Kingdom-based energy services company focused on supplying energy and providing related services to households and businesses. Its principal consumer brand, British Gas, offers electricity and natural gas, home energy management, boiler and heating services, and maintenance solutions. Centrica also provides connected-home products and services through offerings associated with the British Gas and Hive brands.

Through its business operations, Centrica participates in energy supply, energy trading, power generation, and customer-focused energy solutions.