Centrica plc (OTCMKTS:CPYYY) Given Consensus Recommendation of "Buy" by Analysts

Shares of Centrica plc (OTCMKTS:CPYYY - Get Free Report) have received a consensus recommendation of "Buy" from the six research firms that are currently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating on the company.

Several equities analysts recently issued reports on CPYYY shares. Barclays lowered Centrica from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 19th. Kepler Capital Markets lowered Centrica from a "strong-buy" rating to a "hold" rating in a research note on Friday, May 9th.

Centrica Price Performance

CPYYY traded down $0.29 during mid-day trading on Tuesday, hitting $7.75. 5,829 shares of the stock were exchanged, compared to its average volume of 10,179. The firm's fifty day moving average is $7.83 and its two-hundred day moving average is $7.10. Centrica has a 1-year low of $5.80 and a 1-year high of $8.71. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.77 and a quick ratio of 1.66.

Centrica Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, June 16th. Shareholders of record on Monday, May 5th will be given a $0.1402 dividend. The ex-dividend date is Friday, May 2nd. This represents a yield of 3.9%. This is a positive change from Centrica's previous dividend of $0.07.

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.