Centrica PLC (CPYYY) Stock Rating Lowered by Morgan Stanley
Centrica PLC (OTCMKTS:CPYYY) was downgraded by investment analysts at Morgan Stanley from an “overweight” rating to an “equal” rating in a note issued to investors on Friday.
A number of other research analysts have also issued reports on the stock. Goldman Sachs Group Inc. lowered shares of Centrica PLC from a “neutral” rating to a “sell” rating in a report on Wednesday, September 7th. JPMorgan Chase & Co. raised shares of Centrica PLC from a “neutral” rating to an “overweight” rating in a research report on Friday, July 22nd. Zacks Investment Research raised shares of Centrica PLC from a “sell” rating to a “buy” rating and set a $13.00 target price for the company in a research report on Monday, June 13th. Berenberg Bank reissued a “buy” rating on shares of Centrica PLC in a research report on Tuesday, June 14th. Finally, Jefferies Group downgraded shares of Centrica PLC from a “buy” rating to an “underperform” rating in a research report on Thursday, September 22nd. Three analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company. Centrica PLC has a consensus rating of “Hold” and a consensus target price of $13.00.
Shares of Centrica PLC (OTCMKTS:CPYYY) traded down 2.56% on Friday, reaching $10.65. 1,822 shares of the company’s stock were exchanged. Centrica PLC has a 52-week low of $10.50 and a 52-week high of $15.04. The stock’s market cap is $13.76 billion. The company’s 50 day moving average price is $12.09 and its 200-day moving average price is $12.35.
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Centrica PLC Company Profile
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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