Centrica plc (OTCMKTS:CPYYY) Given Average Rating of “Buy” by Brokerages

Centrica plc (OTCMKTS:CPYYY) has been assigned a consensus recommendation of “Buy” from the six analysts that are presently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and two have given a strong buy recommendation to the company.

A number of brokerages recently commented on CPYYY. Barclays downgraded shares of Centrica from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 19th. Kepler Capital Markets downgraded shares of Centrica from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 9th.

Centrica Trading Up 6.5%

Shares of OTCMKTS:CPYYY opened at $8.25 on Tuesday. The company has a quick ratio of 1.66, a current ratio of 1.77 and a debt-to-equity ratio of 0.50. Centrica has a 12 month low of $5.80 and a 12 month high of $8.71. The company has a 50-day moving average price of $7.85 and a 200 day moving average price of $7.14.

Centrica Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, June 16th. Shareholders of record on Monday, May 5th will be paid a $0.1402 dividend. The ex-dividend date is Friday, May 2nd. This represents a yield of 3.9%. This is an increase from Centrica’s previous dividend of $0.07.

About Centrica

Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally. The company operates through British Gas Services & Solutions, British Gas Energy, Centrica Business Solutions, Bord Gáis Energy, Centrica Energy, and Upstream segments.