Centrica plc (OTCMKTS:CPYYY) Receives Average Recommendation of "Buy" from Brokerages

Shares of Centrica plc (OTCMKTS:CPYYY - Get Free Report) have earned an average recommendation of "Buy" from the six ratings firms that are covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company.

Several equities analysts have commented on the stock. Kepler Capital Markets lowered shares of Centrica from a "strong-buy" rating to a "hold" rating in a research report on Friday, May 9th. Barclays downgraded shares of Centrica from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 19th.

Centrica Trading Up 0.4%

Shares of Centrica stock opened at $8.87 on Friday. The company's 50 day moving average is $8.12 and its 200 day moving average is $7.37. Centrica has a twelve month low of $5.80 and a twelve month high of $9.00. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.66 and a current ratio of 1.77.

Centrica Increases Dividend

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

Centrica Company Profile

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.

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