Centrica PLC (OTCMKTS:CPYYY) Given Consensus Recommendation of “Buy” by Brokerages

Centrica PLC (OTCMKTS:CPYYY) has been given an average rating of “Buy” by the seven brokerages that are covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation, three have given a buy recommendation and two have assigned a strong buy recommendation to the company.

CPYYY has been the topic of several research analyst reports. Jefferies Financial Group lowered Centrica from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 2nd. The Goldman Sachs Group reissued a “buy” rating on shares of Centrica in a report on Wednesday, February 25th. Kepler Capital Markets upgraded shares of Centrica from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Royal Bank Of Canada reaffirmed an “outperform” 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 note on Wednesday, March 11th.

Centrica Price Performance

Centrica stock opened at $11.31 on Friday. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.45 and a quick ratio of 1.41. Centrica has a fifty-two week low of $7.50 and a fifty-two week high of $12.15. The stock has a 50-day simple moving average of $11.12 and a 200-day simple moving average of $10.01.

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.