Centrica (OTCMKTS:CPYYY) Rating Lowered to Hold at Jefferies Financial Group

Centrica (OTCMKTS:CPYYY) was downgraded by Jefferies Financial Group from a “strong-buy” rating to a “hold” rating in a report issued on Monday,Zacks.com reports.

Other research analysts also recently issued research reports about the stock. Royal Bank Of Canada reiterated an “outperform” rating on shares of Centrica in a research note on Wednesday, February 25th. Citigroup restated a “neutral” rating on shares of Centrica in a report on Wednesday, February 4th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of Centrica in a research report on Wednesday, February 25th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Centrica Trading Down 4.0%

CPYYY opened at $10.45 on Monday. The stock has a 50-day moving average price of $10.16 and a 200-day moving average price of $9.39. Centrica has a 1 year low of $7.00 and a 1 year high of $11.15. The company has a quick ratio of 1.56, a current ratio of 1.62 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.