Centrica PLC (CPYYY) Given Average Rating of “Hold” by Brokerages

Shares of Centrica PLC (NASDAQ:CPYYY) have received a consensus recommendation of “Hold” from the nine brokerages that are presently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $12.00.

Several equities research analysts have commented on CPYYY shares. J P Morgan Chase & Co downgraded shares of Centrica PLC from an “overweight” rating to an “underweight” rating in a research note on Thursday, May 11th. Zacks Investment Research downgraded shares of Centrica PLC from a “buy” rating to a “hold” rating in a research note on Wednesday, June 14th. Finally, HSBC Holdings plc raised shares of Centrica PLC from a “reduce” rating to a “hold” rating in a research note on Thursday, June 22nd.

Centrica PLC (CPYYY) opened at 10.45 on Friday. Centrica PLC has a 1-year low of $9.74 and a 1-year high of $12.76.

The company also recently announced a None dividend, which will be paid on Monday, December 11th. Shareholders of record on Friday, October 13th will be paid a $0.177 dividend. The ex-dividend date is Thursday, October 12th.

Centrica PLC Company Profile

Centrica plc is an energy and services company. The Company’s segments include Energy Supply & Services-UK & Ireland, Energy Supply & Services-North America, Connected Home, Distributed Energy & Power, Energy Marketing & Trading, Exploration & Production, Central Power Generation and Centrica Storage.