Centrica (OTCMKTS:CPYYY) Upgraded at Citigroup

Centrica (OTCMKTS:CPYYY) was upgraded by research analysts at Citigroup from a “hold” rating to a “strong-buy” rating in a report released on Wednesday,Zacks.com reports.

CPYYY has been the topic of several other research reports. Jefferies Financial Group downgraded Centrica from a “strong-buy” rating to a “hold” rating in a report on Monday, March 2nd. The Goldman Sachs Group reissued a “buy” rating on shares of Centrica in a research note on Wednesday, February 25th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Centrica in a research note on Wednesday, February 25th. Finally, Kepler Capital Markets downgraded shares of Centrica from a “hold” rating to a “strong sell” rating in a research report on Monday. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Centrica Trading Up 0.6%

OTCMKTS CPYYY opened at $11.10 on Wednesday. The firm’s fifty day moving average price is $10.35 and its two-hundred day moving average price is $9.47. Centrica has a fifty-two week low of $7.00 and a fifty-two week high of $11.15. The company has a quick ratio of 1.56, a current ratio of 1.62 and a debt-to-equity ratio of 0.71.

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.