Centrica PLC (CPYYY) Upgraded to “Buy” by Zacks Investment Research
Zacks Investment Research upgraded shares of Centrica PLC (NASDAQ:CPYYY) from a hold rating to a buy rating in a report issued on Thursday morning. They currently have $12.00 target price on the utilities provider’s stock.
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 issued reports on CPYYY. HSBC Holdings plc upgraded Centrica PLC from a reduce rating to a hold rating in a research note on Thursday, June 22nd. J P Morgan Chase & Co lowered Centrica PLC from an overweight rating to an underweight rating in a research note on Thursday, May 11th. Four analysts have rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus target price of $12.00.
Shares of Centrica PLC (CPYYY) opened at 10.25 on Thursday. Centrica PLC has a 1-year low of $9.74 and a 1-year high of $12.76.
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The business also recently disclosed a None dividend, which will be paid on Monday, December 11th. Investors of record on Friday, October 13th will be paid a dividend of $0.177 per share. The ex-dividend date of this dividend 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.
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