Zacks Investment Research lowered shares of Centrica (OTCMKTS:CPYYY) from a hold rating to a sell rating in a report issued on Thursday, November 30th.
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. “
Other analysts have also recently issued research reports about the company. ValuEngine upgraded Centrica from a hold rating to a buy rating in a research note on Friday, September 1st. Investec upgraded Centrica from a sell rating to a hold rating in a research note on Monday, September 25th. Jefferies Group upgraded Centrica from an underperform rating to a hold rating in a research note on Thursday, August 31st. Finally, Goldman Sachs Group upgraded Centrica from a sell rating to a neutral rating in a research note on Friday, November 24th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. Centrica currently has a consensus rating of Hold and a consensus price target of $12.00.
Centrica (CPYYY) opened at $7.35 on Thursday. Centrica has a 1-year low of $7.32 and a 1-year 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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