Centrica (OTCMKTS:CPYYY) Rating Lowered to Strong Sell at Kepler Capital Markets

Centrica (OTCMKTS:CPYYY) was downgraded by equities research analysts at Kepler Capital Markets from a “hold” rating to a “strong sell” rating in a note issued to investors on Monday,Zacks.com reports.

CPYYY has been the subject of several other research reports. The Goldman Sachs Group reiterated a “buy” rating on shares of Centrica in a research note on Wednesday, February 25th. Citigroup reiterated a “neutral” rating on shares of Centrica in a research note on Wednesday, February 4th. Jefferies Financial Group cut shares of Centrica from a “strong-buy” rating to a “hold” rating in a report on Monday, March 2nd. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Centrica in a report on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Centrica Price Performance

Shares of OTCMKTS CPYYY opened at $11.04 on Monday. The business’s fifty day simple moving average is $10.31 and its 200-day simple moving average is $9.46. Centrica has a 12-month low of $7.00 and a 12-month high of $11.15. The company has a current ratio of 1.62, a quick ratio of 1.56 and a debt-to-equity ratio of 0.71.

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.