Centrica (OTCMKTS:CPYYY – Get Rating) had its price objective increased by investment analysts at Credit Suisse Group from GBX 90 ($1.13) to GBX 95 ($1.19) in a research note issued to investors on Wednesday, The Fly reports.
Several other equities analysts have also issued reports on the company. HSBC lowered Centrica from a “hold” rating to a “reduce” rating in a research note on Friday, May 6th. Morgan Stanley boosted their price objective on Centrica from GBX 120 ($1.50) to GBX 140 ($1.75) in a research report on Wednesday, May 11th. Zacks Investment Research upgraded Centrica from a “sell” rating to a “hold” rating in a research report on Tuesday, March 8th. Finally, UBS Group boosted their price objective on Centrica from GBX 75 ($0.94) to GBX 90 ($1.13) in a research report on Monday, May 16th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $79.04.
Shares of CPYYY traded up $0.11 during midday trading on Wednesday, hitting $4.26. The company’s stock had a trading volume of 11,402 shares, compared to its average volume of 23,200. Centrica has a one year low of $2.48 and a one year high of $4.48. The company’s fifty day simple moving average is $4.05 and its two-hundred day simple moving average is $3.94. The company has a current ratio of 1.11, a quick ratio of 1.07 and a debt-to-equity ratio of 1.25.
Centrica Company Profile (Get Rating)
Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Norway, North America, and internationally. The company operates through British Gas Services & Solutions, British Gas Energy, Centrica Business Solutions, Bord Gáis Energy, Energy Marketing & Trading, and Upstream segments.