Centrica (OTCMKTS:CPYYY) Stock Rating Raised to “Strong-Buy” at Jefferies Financial Group

Jefferies Financial Group upgraded shares of Centrica (OTCMKTS:CPYYY) from a hold rating to a strong-buy rating in a research note issued to investors on Monday morning,Zacks reports.

CPYYY has been the subject of a number of other research reports. HSBC raised shares of Centrica from a “hold” rating to a “buy” rating in a report on Thursday, July 30th. Kepler Capital Markets raised shares of Centrica from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. Three analysts have rated the stock with a Strong Buy rating and three have issued a Buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Strong Buy”.

Centrica Price Performance

CPYYY opened at $8.03 on Monday. The firm has a fifty day moving average price of $8.13 and a 200 day moving average price of $9.73. Centrica has a 1 year low of $7.72 and a 1 year high of $12.15. The company has a current ratio of 1.43, a quick ratio of 1.37 and a debt-to-equity ratio of 0.67.

Centrica Company Profile

Centrica plc is a United Kingdom-based energy services company best known for its British Gas brand. It supplies gas and electricity to residential and business customers and provides related services, including boiler installation, maintenance and repair, home heating, plumbing and electrical assistance, and smart-home products through its Hive offering.

The company also serves commercial and industrial customers through Centrica Business Solutions, which provides energy management, distributed energy and low-carbon technology services.