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

Centrica PLC (OTCMKTS:CPYYY) has been assigned an average rating of “Buy” from the eight analysts 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 equities analysts recently issued reports on the company. HSBC upgraded Centrica from a “hold” rating to a “buy” rating in a report on Thursday, July 30th. Kepler Capital Markets upgraded Centrica from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th.

Centrica Price Performance

OTCMKTS:CPYYY opened at $8.50 on Friday. The business’s 50-day moving average is $8.98 and its 200 day moving average is $10.28. Centrica has a 12 month low of $8.19 and a 12 month 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 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.