Centrica (CPYYY) Rating Increased to Hold at Zacks Investment Research

Centrica (OTCMKTS:CPYYY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Thursday.

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 analysts have also weighed in on CPYYY. ValuEngine lowered shares of Centrica from a “buy” rating to a “hold” rating in a report on Thursday. Goldman Sachs Group raised shares of Centrica from a “sell” rating to a “neutral” rating in a report on Friday, November 24th. Finally, Credit Suisse Group raised shares of Centrica from a “neutral” rating to an “outperform” rating in a report on Friday, January 5th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $12.00.

Shares of Centrica (OTCMKTS:CPYYY) traded down $0.12 during mid-day trading on Thursday, reaching $7.07. 73,796 shares of the company’s stock were exchanged, compared to its average volume of 69,654. Centrica has a twelve month low of $6.97 and a twelve month high of $11.83. The company has a quick ratio of 1.23, a current ratio of 1.28 and a debt-to-equity ratio of 2.25.

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Centrica Company Profile

Centrica plc is an energy and services company. The Company’s segments include Energy Supply & Services-UK & Ireland, Energy Supply & Services-North America, Connected Home, Distributed Energy & Power, Energy Marketing & Trading, Exploration & Production, Central Power Generation and Centrica Storage.

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Analyst Recommendations for Centrica (OTCMKTS:CPYYY)

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