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

Shares of Centrica PLC (OTCMKTS:CPYYY) have received an average rating of “Buy” from the eight ratings firms that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and three have issued a strong buy rating on the company.

A number of brokerages have commented on CPYYY. Kepler Capital Markets raised shares of Centrica from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. HSBC raised shares of Centrica from a “hold” rating to a “buy” rating in a research note on Thursday, July 30th.

Centrica Trading Down 2.5%

Shares of CPYYY stock opened at $8.46 on Friday. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.43 and a quick ratio of 1.37. Centrica has a twelve month low of $8.19 and a twelve month high of $12.15. The company’s 50-day moving average price is $8.91 and its 200-day moving average price is $10.24.

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.