Centrica PLC (CPYYY) Receives Average Recommendation of “Hold” from Analysts

Shares of Centrica PLC (NASDAQ:CPYYY) have earned a consensus recommendation of “Hold” from the ten research firms that are covering the stock. Four equities research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and three have assigned a buy recommendation to the company.

Several research analysts have issued reports on the stock. Zacks Investment Research cut shares of Centrica PLC from a “buy” rating to a “hold” rating in a report on Wednesday, January 25th. Berenberg Bank reaffirmed a “buy” rating on shares of Centrica PLC in a report on Tuesday, December 13th. Beaufort Securities reaffirmed a “buy” rating on shares of Centrica PLC in a report on Friday, December 16th. Finally, HSBC Holdings plc cut shares of Centrica PLC from a “hold” rating to a “reduce” rating in a report on Friday, March 17th.

Centrica PLC (NASDAQ:CPYYY) traded up 2.150% on Monday, reaching $11.022. 6,795 shares of the company traded hands. Centrica PLC has a 1-year low of $9.74 and a 1-year high of $14.14. The stock has a market capitalization of $15.10 billion and a price-to-earnings ratio of 7.139. The stock’s 50-day moving average is $11.20 and its 200-day moving average is $11.09.

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About Centrica PLC

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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