Zacks Investment Research cut shares of CENTRICA PLC/S (OTCMKTS:CPYYY) from a hold rating to a sell rating in a research report report published on Monday.
According to Zacks, “Centrica is a top thirty FTSE100 company with growing energy businesses in the UK, North America and Europe. They secure and supply gas and electricity for millions of homes and businesses and offer a distinctive range of home energy solutions and low-carbon products and services. “
Several other brokerages have also commented on CPYYY. Credit Suisse Group restated a neutral rating on shares of CENTRICA PLC/S in a report on Wednesday, January 23rd. HSBC upgraded shares of CENTRICA PLC/S from a reduce rating to a hold rating in a report on Monday, November 26th. Citigroup lowered shares of CENTRICA PLC/S from a buy rating to a neutral rating in a report on Friday, February 8th. UBS Group lowered shares of CENTRICA PLC/S from a buy rating to a neutral rating in a report on Wednesday, December 5th. Finally, Goldman Sachs Group lowered shares of CENTRICA PLC/S from a buy rating to a neutral rating in a report on Friday, February 22nd. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the company’s stock. The company has an average rating of Hold and an average price target of $9.25.
About CENTRICA PLC/S
Centrica plc operates as an integrated energy company in the United Kingdom, the Republic of Ireland, Germany, Norway, rest of Europe, the United States, Canada, and internationally. The company operates through Centrica Consumer, Centrica Business, Exploration & Production, and Centrica Storage segments.
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