Centrica PLC (CPYYY) Rating Lowered to Underperform at Jefferies Group
Centrica PLC (OTCMKTS:CPYYY) was downgraded by stock analysts at Jefferies Group from a “buy” rating to an “underperform” rating in a research report issued on Thursday.
CPYYY has been the topic of a number of other reports. Zacks Investment Research cut Centrica PLC from a “hold” rating to a “sell” rating in a research report on Monday, September 12th. Goldman Sachs Group Inc. cut Centrica PLC from a “neutral” rating to a “sell” rating in a research report on Wednesday, September 7th. JPMorgan Chase & Co. raised Centrica PLC from a “neutral” rating to an “overweight” rating in a research report on Friday, July 22nd. Finally, Berenberg Bank reaffirmed a “buy” rating on shares of Centrica PLC in a research report on Tuesday, June 14th. Three analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $13.00.
Shares of Centrica PLC (OTCMKTS:CPYYY) opened at 11.82 on Thursday. The firm has a 50-day moving average price of $12.27 and a 200 day moving average price of $12.45. The stock’s market cap is $15.27 billion. Centrica PLC has a 52 week low of $10.50 and a 52 week high of $15.04.
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About Centrica PLC
Centrica plc is an integrated energy company. The Company operates through three segments: International Downstream, International Upstream and Centrica Storage. It offers Hive Active Heating 2, which is an advancement of its smart thermostat. The International Downstream segment includes the operations of British Gas, Direct Energy and Bord Gais Energy.
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