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.

TRADEMARK VIOLATION WARNING: This news story was published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this news story on another website, it was illegally stolen and republished in violation of US & international copyright laws. The legal version of this news story can be accessed at https://www.thecerbatgem.com/2017/09/02/centrica-plc-cpyyy-stock-rating-upgraded-by-jefferies-group-llc.html.

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.

Analyst Recommendations for Centrica PLC (NASDAQ:CPYYY)

Receive News & Stock Ratings for Centrica PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Centrica PLC and related stocks with our FREE daily email newsletter.