CENTRICA PLC/S (OTCMKTS:CPYYY) Downgraded by Zacks Investment Research to Sell
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. ValuEngine lowered Valero Energy from a “hold” rating to a “sell” rating in a research note on Wednesday, May 8th. JPMorgan Chase & Co. boosted their price target on Dell from $68.00 to $77.00 and gave the company an “overweight” rating in a research note on Monday, April 15th. HSBC set a €75.00 ($87.21) price target on Danone and gave the company a “neutral” rating in a research note on Monday. Barclays lowered NORDEA Bk AB SW/S to a “hold” rating in a research note on Friday, May 17th. Finally, Societe Generale assumed coverage on CENTRICA PLC/S in a research note on Friday, June 7th. They set a “hold” rating on the stock. Two equities research analysts have rated the stock with a sell rating and ten have issued a hold rating to the stock. CENTRICA PLC/S has an average rating of “Hold”.
CENTRICA PLC/S Company Profile
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, and Exploration & Production segments. It supplies gas and electricity to residential customers, as well as offers energy-related services; and generates power from combined cycle gas turbines and nuclear assets.
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