Centrica PLC (OTCMKTS:CPYYY) Given Average Rating of “Buy” by Analysts

Centrica PLC (OTCMKTS:CPYYY) has received an average rating of “Buy” from the seven ratings firms that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and two have assigned a strong buy recommendation to the company.

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

Centrica Price Performance

OTCMKTS:CPYYY opened at $10.79 on Wednesday. The company has a quick ratio of 1.41, a current ratio of 1.45 and a debt-to-equity ratio of 0.75. The business’s 50-day moving average price is $10.64 and its 200 day moving average price is $9.64. Centrica has a 52-week low of $7.00 and a 52-week high of $11.87.

About Centrica

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.