Centrica (OTCMKTS:CPYYY) Upgraded to “Hold” at Kepler Capital Markets

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

Several other research analysts have also recently weighed in on the stock. The Goldman Sachs Group restated a “buy” rating on shares of Centrica in a research report on Wednesday, February 25th. Jefferies Financial Group cut Centrica from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 2nd. Citigroup upgraded Centrica from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 11th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Centrica in a report on Wednesday, February 25th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Centrica Stock Performance

Shares of OTCMKTS CPYYY opened at $11.37 on Monday. The company has a current ratio of 1.62, a quick ratio of 1.56 and a debt-to-equity ratio of 0.71. Centrica has a 12-month low of $7.00 and a 12-month high of $11.39. The firm’s 50-day simple moving average is $10.47 and its 200 day simple moving average is $9.52.

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.