Centrica (OTCMKTS:CPYYY) Downgraded by Kepler Capital Markets to “Strong Sell”

Centrica (OTCMKTS:CPYYY) was downgraded by investment analysts at Kepler Capital Markets from a “hold” rating to a “strong sell” rating in a research report issued on Monday,Zacks.com reports.

Several other research firms have also recently weighed in on CPYYY. Royal Bank Of Canada reissued an “outperform” rating on shares of Centrica in a research note on Wednesday, February 25th. Citigroup restated a “neutral” rating on shares of Centrica in a report on Wednesday, February 4th. The Goldman Sachs Group restated a “buy” rating on shares of Centrica in a research note on Wednesday, February 25th. Finally, Jefferies Financial Group cut Centrica from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy”.

Centrica Trading Up 0.6%

Shares of OTCMKTS CPYYY opened at $10.62 on Monday. Centrica has a 12-month low of $7.00 and a 12-month 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. The company has a 50-day moving average of $10.27 and a 200 day moving average of $9.44.

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.