Centrica PLC (OTCMKTS:CPYYY) Receives Average Rating of “Buy” from Brokerages

Centrica PLC (OTCMKTS:CPYYY) has received a consensus rating of “Buy” from the six research firms that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation, three have issued a buy recommendation and two have given a strong buy recommendation to the company.

A number of research analysts recently weighed in on CPYYY shares. HSBC upgraded shares of Centrica from a “hold” rating to a “buy” rating in a report on Thursday, July 30th. Kepler Capital Markets raised shares of Centrica from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 27th.

Centrica Price Performance

Shares of OTCMKTS:CPYYY opened at $8.18 on Wednesday. Centrica has a 1 year low of $7.79 and a 1 year high of $12.15. The company has a current ratio of 1.43, a quick ratio of 1.37 and a debt-to-equity ratio of 0.67. The firm’s 50-day moving average is $8.53 and its two-hundred day moving average is $9.91.

About Centrica

Centrica plc is a United Kingdom-based energy services company focused on supplying energy and providing related services to households and businesses. Its principal consumer brand, British Gas, offers electricity and natural gas, home energy management, boiler and heating services, and maintenance solutions. Centrica also provides connected-home products and services through offerings associated with the British Gas and Hive brands.

Through its business operations, Centrica participates in energy supply, energy trading, power generation, and customer-focused energy solutions.