Centrica (OTCMKTS:CPYYY) Downgraded to “Strong Sell” Rating by Kepler Capital Markets

Kepler Capital Markets cut shares of Centrica (OTCMKTS:CPYYY) from a hold rating to a strong sell rating in a research report released on Monday morning,Zacks.com reports.

A number of other research firms have also commented on CPYYY. Royal Bank Of Canada restated an “outperform” rating on shares of Centrica in a research report on Wednesday, February 25th. Jefferies Financial Group downgraded Centrica from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 2nd. Citigroup reissued a “neutral” rating on shares of Centrica in a research note on Wednesday, February 4th. Finally, The Goldman Sachs Group restated a “buy” rating on shares of Centrica in a research note on Wednesday, February 25th. One equities research 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, Centrica currently has a consensus rating of “Moderate Buy”.

Centrica Stock Performance

OTCMKTS CPYYY opened at $10.62 on Monday. The company has a 50 day moving average of $10.27 and a 200-day moving average of $9.44. 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 has a 1-year low of $7.00 and a 1-year high of $11.15.

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.