Centrica PLC (OTCMKTS:CPYYY) Stock Rated “Strong Buy” by Wall Street Analysts

Centrica PLC (OTCMKTS:CPYYY) has earned a consensus recommendation of “Strong Buy” from the six brokerages that are covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a buy recommendation and three have assigned a strong buy recommendation to the company.

CPYYY has been the subject of a number of research reports. HSBC raised shares of Centrica from a “hold” rating to a “buy” rating in a research note on Thursday, July 30th. Kepler Capital Markets upgraded shares of Centrica from a “hold” rating to a “strong-buy” rating in a report on Monday, July 27th. Finally, Jefferies Financial Group raised shares of Centrica from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 2nd.

Centrica Stock Performance

CPYYY opened at $8.23 on Thursday. Centrica has a 12-month low of $7.72 and a 12-month high of $12.15. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.43 and a quick ratio of 1.37. The business’s fifty day simple moving average is $8.10 and its 200-day simple moving average is $9.68.

About Centrica

Centrica is a UK-based energy and services company whose activities include supplying energy to households and businesses, providing home services, and trading and optimizing energy across wholesale markets. Its consumer operations include British Gas in the UK and Bord Gáis Energy in Ireland, while its business services include energy supply and related solutions for commercial and industrial customers. The company also operates in energy generation and manages a portfolio of energy assets and trading activities.