The Zacks: Brokerages Set $8.88 Target Price for Centrica PLC (CPYYY)

The Zacks: Brokerages Set $8.88 Target Price for Centrica PLC (CPYYY)

Shares of Centrica PLC (NASDAQ:CPYYY) have received a consensus broker rating score of 4.00 (Sell) from the two analysts that provide coverage for the company, Zacks Investment Research reports. Two research analysts have rated the stock with a sell recommendation.

Brokerages have set a 12 month consensus target price of $8.88 for the company, according to Zacks. Zacks has also given Centrica PLC an industry rank of 44 out of 265 based on the ratings given to its competitors.

CPYYY has been the subject of a number of research analyst reports. Zacks Investment Research raised Centrica PLC from a “hold” rating to a “buy” rating and set a $13.00 price target for the company in a report on Tuesday, January 3rd. Beaufort Securities reaffirmed a “buy” rating on shares of Centrica PLC in a report on Friday, December 16th. Finally, Berenberg Bank reaffirmed a “buy” rating on shares of Centrica PLC in a report on Tuesday, December 13th.

Centrica PLC (NASDAQ:CPYYY) opened at 11.31 on Friday. Centrica PLC has a 12-month low of $9.74 and a 12-month high of $14.14. The stock’s 50 day moving average is $0.00 and its 200 day moving average is $0.00.

Centrica PLC Company Profile

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.

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