CENTRICA PLC/S (OTCMKTS:CPYYY) Lifted to “Hold” at Zacks Investment Research

Zacks Investment Research upgraded shares of CENTRICA PLC/S (OTCMKTS:CPYYY) from a sell rating to a hold rating in a research report sent to investors on Thursday morning, Zacks.com reports.

According to Zacks, “Centrica is a top thirty FTSE100 company with growing energy businesses in the UK, North America and Europe. They secure and supply gas and electricity for millions of homes and businesses and offer a distinctive range of home energy solutions and low-carbon products and services. “

A number of other equities research analysts have also recently issued reports on CPYYY. Royal Bank of Canada upgraded CENTRICA PLC/S from an underperform rating to a sector perform rating in a research note on Thursday, August 1st. Citigroup upgraded CENTRICA PLC/S from a neutral rating to a buy rating in a research note on Thursday, September 26th. HSBC upgraded CENTRICA PLC/S from a reduce rating to a hold rating in a research note on Monday, July 29th. ValuEngine upgraded CENTRICA PLC/S from a hold rating to a buy rating in a research note on Wednesday, October 2nd. Finally, Jefferies Financial Group upgraded CENTRICA PLC/S from a hold rating to a buy rating in a research note on Thursday, September 19th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of Hold.

CPYYY traded up $0.12 on Thursday, reaching $3.91. 8,818 shares of the company’s stock were exchanged, compared to its average volume of 59,783. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.85 and a current ratio of 0.90. The company has a market cap of $5.31 billion, a price-to-earnings ratio of 6.63, a PEG ratio of 1.81 and a beta of 0.24. CENTRICA PLC/S has a twelve month low of $3.17 and a twelve month high of $8.29. The company’s 50 day moving average is $3.78 and its 200-day moving average is $4.28.

CENTRICA PLC/S Company Profile

Centrica plc operates as an integrated energy company in the United Kingdom, the Republic of Ireland, Germany, Norway, rest of Europe, the United States, Canada, and internationally. The company operates through Centrica Consumer, Centrica Business, and Exploration & Production segments. It supplies gas and electricity to residential customers, as well as offers energy-related services; and generates power from combined cycle gas turbines and nuclear assets.

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Analyst Recommendations for CENTRICA PLC/S (OTCMKTS:CPYYY)

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