CENTRICA PLC/S (OTCMKTS:CPYYY) Raised 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 released on Tuesday 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. “

Several other equities research analysts have also recently issued reports on the stock. Barclays assumed coverage on shares of CENTRICA PLC/S in a research report on Friday, May 17th. They set an underweight rating on the stock. HSBC upgraded shares of CENTRICA PLC/S from a reduce rating to a hold rating in a research report on Monday, July 29th. Royal Bank of Canada upgraded shares of CENTRICA PLC/S from an underperform rating to a sector perform rating in a research report on Thursday, August 1st. Societe Generale began coverage on shares of CENTRICA PLC/S in a research report on Friday, June 7th. They set a hold rating on the stock. Finally, ValuEngine upgraded shares of CENTRICA PLC/S from a sell rating to a hold rating in a research report on Wednesday, May 8th. One research analyst has rated the stock with a sell rating and twelve have issued a hold rating to the company. The stock presently has an average rating of Hold.

CENTRICA PLC/S stock opened at $3.25 on Tuesday. The stock has a market cap of $4.61 billion, a P/E ratio of 5.51, a PEG ratio of 1.43 and a beta of 0.21. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.03 and a quick ratio of 0.98. CENTRICA PLC/S has a 1 year low of $3.17 and a 1 year high of $8.29. The firm’s 50 day moving average price is $4.03 and its 200-day moving average price is $5.31.

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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