Centrica (OTCMKTS:CPYYY) Upgraded to “Buy” at Berenberg Bank

Berenberg Bank upgraded shares of Centrica (OTCMKTS:CPYYY) from a hold rating to a buy rating in a research report sent to investors on Monday morning, Marketbeat Ratings reports.

Separately, UBS Group raised Centrica to a strong-buy rating in a report on Wednesday, June 26th.

Centrica Stock Up 3.7 %

Shares of OTCMKTS CPYYY opened at $7.24 on Monday. Centrica has a 52-week low of $6.14 and a 52-week high of $8.61. The company has a current ratio of 1.44, a quick ratio of 1.35 and a debt-to-equity ratio of 0.73. The firm’s fifty day moving average is $6.90 and its two-hundred day moving average is $6.93.

Centrica Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, July 22nd. Shareholders of record on Friday, May 31st will be given a $0.1189 dividend. This is a boost from Centrica’s previous dividend of $0.06. The ex-dividend date of this dividend is Friday, May 31st.

Centrica Company Profile

Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally. The company operates through British Gas Services & Solutions, British Gas Energy, Centrica Business Solutions, Bord Gáis Energy, Centrica Energy, and Upstream segments.