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

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

CPYYY has been the subject of several research analyst reports. Barclays lowered shares of Centrica from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 19th. Kepler Capital Markets cut shares of Centrica from a "strong-buy" rating to a "hold" rating in a report on Friday, May 9th.

Centrica Stock Up 2.3%

Centrica stock traded up $0.20 during midday trading on Friday, reaching $9.05. The company's stock had a trading volume of 3,703 shares, compared to its average volume of 10,008. The company has a current ratio of 1.77, a quick ratio of 1.66 and a debt-to-equity ratio of 0.50. The stock's 50-day simple moving average is $8.14 and its 200-day simple moving average is $7.40. Centrica has a 52-week low of $5.80 and a 52-week high of $9.05.

Centrica Increases Dividend

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

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.