Centrica PLC (OTCMKTS:CPYYY) Given Consensus Rating of “Buy” by Brokerages

Shares of Centrica PLC (OTCMKTS:CPYYY) have been assigned a consensus recommendation of “Buy” from the eight research firms that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a hold recommendation, four have given a buy recommendation and three have given a strong buy recommendation to the company.

A number of equities analysts recently issued reports on CPYYY shares. 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 Centrica from a “hold” rating to a “buy” rating in a research report on Thursday, July 30th.

Centrica Stock Up 0.5%

OTCMKTS:CPYYY opened at $8.51 on Friday. The company has a 50-day moving average price of $8.87 and a 200-day moving average price of $10.21. The company has a quick ratio of 1.37, a current ratio of 1.43 and a debt-to-equity ratio of 0.67. Centrica has a 12 month low of $8.19 and a 12 month high of $12.15.

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.