Centrica (OTC:CPYYY) has been downgraded from Buy to Underperform in a statement by Jefferies & Co earlier today.
- Updated: September 22, 2016
Jefferies & Co has downgraded Centrica (OTC:CPYYY) from Buy to Underperform in a statement released on 9/22/2016.
Boasting a price of $11.95, Centrica (OTC:CPYYY) traded 1.78% higher on the day. With the last stock price close down -3.38% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Centrica has recorded a 50-day average of $12.27 and a two hundred day average of $12.45. Volume of trade was down over the average, with 2,073 shares of CPYYY changing hands under the typical 28,894
With a total market value of $0, Centrica has with a one year low of $10.50 and a 52 week high of $15.04 .
In addition to Jefferies & Co reporting its target price, a total of 1 firm has issued a report on the stock. The consensus target price is $10.13 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.
General Information About Centrica (OTC:CPYYY)
Centrica plc is an integrated energy company. The Company operates through three segments: International Downstream, International Upstream and Centrica Storage. It offers Hive Active Heating 2, which is an advancement of its smart thermostat. The International Downstream segment includes the operations of British Gas, Direct Energy and Bord Gais Energy. Through British Gas Residential, it supplies gas and electricity to residential customers in the United Kingdom. Through Direct Energy, it provides residential energy supply, residential and business services and business energy supply. The International Upstream segment consists of the operations of Centrica Energy, which is engaged in production, processing, trading and optimization of gas and oil. The Centrica Storage segment includes the operations of Centrica Storage Limited, which provides gas storage services in the United Kingdom. Its brands include British Gas, Centrica Storage, Direct Energy, Dyno and Hive.
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