Centrica plc (OTCMKTS:CPYYY) Given Consensus Recommendation of “Strong Buy” by Analysts

Centrica plc (OTCMKTS:CPYYY) has been given an average recommendation of “Strong Buy” by the four brokerages that are covering the company, Marketbeat reports. Two research analysts have rated the stock with a buy recommendation and two have given a strong buy recommendation to the company.

A number of research analysts recently commented on CPYYY shares. The Goldman Sachs Group raised Centrica to a “strong-buy” rating in a research note on Thursday, July 25th. Berenberg Bank raised Centrica from a “hold” rating to a “buy” rating in a research note on Monday, July 1st. UBS Group raised Centrica to a “strong-buy” rating in a research note on Wednesday, June 26th. Finally, Jefferies Financial Group raised Centrica from a “hold” rating to a “buy” rating in a research note on Thursday, August 29th.

Centrica Stock Performance

CPYYY opened at $6.23 on Monday. Centrica has a fifty-two week low of $5.93 and a fifty-two week high of $8.13. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.44 and a quick ratio of 1.35. The stock has a fifty day moving average of $6.59 and a 200-day moving average of $6.75.

Centrica Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, November 25th. Shareholders of record on Friday, October 4th will be given a $0.0691 dividend. The ex-dividend date is Friday, October 4th.

About Centrica

Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally. The company operates through British Gas Services & Solutions, British Gas Energy, Centrica Business Solutions, Bord Gáis Energy, Centrica Energy, and Upstream segments.