Centrica PLC (CPYYY) Stock Rating Upgraded by Jefferies Group LLC
Centrica PLC (NASDAQ:CPYYY) was upgraded by equities researchers at Jefferies Group LLC from an “underperform” rating to a “hold” rating in a report issued on Thursday.
CPYYY has been the subject of a number of other research reports. J P Morgan Chase & Co lowered Centrica PLC from an “overweight” rating to an “underweight” rating in a research note on Thursday, May 11th. Zacks Investment Research upgraded Centrica PLC from a “hold” rating to a “buy” rating and set a $12.00 target price for the company in a research note on Friday, June 23rd. Finally, HSBC Holdings plc upgraded Centrica PLC from a “reduce” rating to a “hold” rating in a research note on Thursday, June 22nd. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $12.00.
Shares of Centrica PLC (NASDAQ:CPYYY) opened at 10.41 on Thursday. Centrica PLC has a 12-month low of $9.74 and a 12-month high of $12.76. The firm’s 50-day moving average price is $10.54 and its 200 day moving average price is $10.63. The company has a market cap of $14.27 billion and a price-to-earnings ratio of 19.57.
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About Centrica PLC
Centrica plc is an energy and services company. The Company’s segments include Energy Supply & Services-UK & Ireland, Energy Supply & Services-North America, Connected Home, Distributed Energy & Power, Energy Marketing & Trading, Exploration & Production, Central Power Generation and Centrica Storage.
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