Centrica PLC (OTCMKTS:CPYYY) Given Average Rating of “Buy” by Analysts

Shares of Centrica PLC (OTCMKTS:CPYYY) have been given an average rating of “Buy” by the seven ratings firms that are currently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, three have given a buy rating and two have issued a strong buy rating on the company.

A number of equities research analysts have issued reports on the stock. Kepler Capital Markets raised shares of Centrica from a “strong sell” rating to a “hold” rating in a report on Monday, March 16th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Centrica in a research note on Wednesday, February 25th. Citigroup raised shares of Centrica from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 11th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Centrica in a research note on Wednesday, February 25th. Finally, Jefferies Financial Group lowered shares of Centrica from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 2nd.

Centrica Trading Down 1.0%

Shares of Centrica stock opened at $10.63 on Thursday. Centrica has a 12-month low of $7.97 and a 12-month high of $12.15. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.45 and a quick ratio of 1.41. The company’s fifty day simple moving average is $11.32 and its two-hundred day simple moving average is $10.26.

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.