Sse Plc (OTCMKTS:SSEZY) Given Consensus Rating of “Hold” by Brokerages

Shares of Sse Plc (OTCMKTS:SSEZY) have been given an average recommendation of “Hold” by the eight research firms that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company.

A number of equities research analysts have issued reports on the company. Zacks Research raised SSE from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. Sanford C. Bernstein started coverage on shares of SSE in a research note on Thursday, September 3rd. They issued an “outperform” rating for the company.

SSE Trading Up 1.4%

Shares of OTCMKTS SSEZY opened at $31.93 on Thursday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.20 and a quick ratio of 1.12. The business’s 50-day simple moving average is $32.35 and its 200-day simple moving average is $33.42. SSE has a 52 week low of $22.09 and a 52 week high of $37.51.

SSE Company Profile

SSE plc is a United Kingdom-based energy company headquartered in Perth, Scotland. Formerly known as Scottish and Southern Energy, the company was formed in 1998 through the merger of Scottish Hydro-Electric and Southern Electric. SSE has since focused increasingly on electricity infrastructure and low-carbon energy.

Through SSE Renewables, the company develops, owns and operates renewable energy projects, including onshore and offshore wind farms, hydroelectric facilities, solar projects and battery storage assets.