Centrica PLC (OTCMKTS:CPYYY) Receives Consensus Recommendation of “Buy” from Analysts

Centrica PLC (OTCMKTS:CPYYY) has been given a consensus recommendation of “Buy” by the seven research firms that are presently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and two have given a strong buy recommendation to the company.

CPYYY has been the subject of a number of recent analyst reports. Royal Bank Of Canada reaffirmed an “outperform” 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. Citigroup raised shares of Centrica from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 11th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Centrica in a report on Wednesday, February 25th. Finally, Jefferies Financial Group cut shares of Centrica from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 2nd.

Centrica Trading Up 0.1%

Shares of CPYYY opened at $11.00 on Wednesday. The stock’s 50-day simple moving average is $10.71 and its 200 day simple moving average is $9.67. 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 52-week low of $7.00 and a 52-week high of $11.87.

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.