Berenberg Bank Upgrades Centrica (OTCMKTS:CPYYY) to Buy

Centrica (OTCMKTS:CPYYY) was upgraded by investment analysts at Berenberg Bank from a “hold” rating to a “buy” rating in a report issued on Monday, Briefing.com reports.

Separately, UBS Group upgraded Centrica to a “strong-buy” rating in a research report on Wednesday, June 26th.

Centrica Stock Up 0.1 %

OTCMKTS:CPYYY traded up $0.01 during midday trading on Monday, hitting $6.98. 5,200 shares of the stock were exchanged, compared to its average volume of 14,882. Centrica has a one year low of $5.85 and a one year high of $8.61. The business has a 50-day moving average price of $6.90 and a two-hundred day moving average price of $6.93. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.44 and a quick ratio of 1.35.

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.