Centrica PLC (CPYYY) Lowered to “Equal” at Morgan Stanley
A number of other equities research analysts have also recently issued reports on the stock. Jefferies Group cut shares of Centrica PLC from a buy rating to an underperform rating in a research note on Thursday, September 22nd. Zacks Investment Research lowered shares of Centrica PLC from a hold rating to a sell rating in a report on Monday, September 12th. Goldman Sachs Group Inc. lowered shares of Centrica PLC from a neutral rating to a sell rating in a report on Wednesday, September 7th. JPMorgan Chase & Co. upgraded shares of Centrica PLC from a neutral rating to an overweight rating in a report on Friday, July 22nd. Finally, Berenberg Bank reiterated a buy rating on shares of Centrica PLC in a report on Tuesday, June 14th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company’s stock. Centrica PLC currently has an average rating of Hold and an average target price of $13.00.
Shares of Centrica PLC (OTCMKTS:CPYYY) traded down 0.37% on Friday, hitting $10.69. 8,871 shares of the stock were exchanged. Centrica PLC has a 12 month low of $10.50 and a 12 month high of $14.85. The company’s market cap is $13.81 billion. The company has a 50-day moving average price of $12.05 and a 200 day moving average price of $12.33.
Centrica PLC Company Profile
Centrica plc is an integrated energy company. The Company operates through three segments: International Downstream, International Upstream and Centrica Storage. It offers Hive Active Heating 2, which is an advancement of its smart thermostat. The International Downstream segment includes the operations of British Gas, Direct Energy and Bord Gais Energy.
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