Centrica (OTCMKTS:CPYYY) has been downgraded from Overweight to Equal-Weight in a statement by Morgan Stanley earlier today.
- Updated: October 7, 2016
Boasting a price of $10.93, Centrica (OTCMKTS:CPYYY) traded -2.56% lower on the day. With the last stock price close down -13.78% 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 $12.09 and a two hundred day average of $12.35. Volume of trade was down over the average, with 1,822 shares of CPYYY changing hands under the typical 24,740
Morgan Stanley has downgraded Centrica (OTCMKTS:CPYYY) from Overweight to Equal-Weight in a statement released on 10/07/2016.
With a total market value of $0, Centrica has with a one year low of $10.50 and a one year high of $15.04 .
A total of 1 equity analyst has released a ratings update on CPYYY. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $10.13.
Brief Synopsis About Centrica (OTCMKTS: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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