Centrica PLC (OTCMKTS:CPYYY) – Equities research analysts at Jefferies Group boosted their FY2017 earnings per share (EPS) estimates for shares of Centrica in a note issued to investors on Thursday. Jefferies Group analyst A. Farman now expects that the utilities provider will earn $0.70 per share for the year, up from their previous forecast of $0.67. Jefferies Group also issued estimates for Centrica’s FY2018 earnings at $0.75 EPS and FY2020 earnings at $0.75 EPS.
Several other research analysts have also commented on the company. Zacks Investment Research upgraded Centrica from a “sell” rating to a “hold” rating in a research report on Thursday, February 8th. ValuEngine lowered Centrica from a “buy” rating to a “hold” rating in a research report on Thursday, February 8th. Credit Suisse Group upgraded Centrica from a “neutral” rating to an “outperform” rating in a research report on Friday, January 5th. Finally, Goldman Sachs Group upgraded Centrica from a “sell” rating to a “neutral” rating in a research report on Friday, November 24th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $12.00.
Centrica Company Profile
Centrica plc is an energy and services company. The Company’s segments include Energy Supply & Services-UK & Ireland, Energy Supply & Services-North America, Connected Home, Distributed Energy & Power, Energy Marketing & Trading, Exploration & Production, Central Power Generation and Centrica Storage.
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