Sse Plc (OTCMKTS:SSEZY) Stock Rated “Hold” by Sell-Side Analysts

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

A number of research analysts recently issued reports on the stock. Sanford C. Bernstein began coverage on shares of SSE in a research note on Thursday, September 3rd. They issued an “outperform” rating for the company. Oddo Bhf began coverage on shares of SSE in a research report on Monday, October 5th. They issued an “outperform” rating on the stock.

SSE Trading Down 0.5%

Shares of SSEZY opened at $35.52 on Friday. SSE has a 1 year low of $24.71 and a 1 year high of $37.51. The company has a current ratio of 1.20, a quick ratio of 1.12 and a debt-to-equity ratio of 0.54. The stock has a 50-day simple moving average of $33.13 and a 200-day simple moving average of $33.57.

About SSE

SSE plc is a United Kingdom-based energy infrastructure company headquartered in Perth, Scotland. The company develops, owns and operates assets across the electricity sector, with a particular focus on renewable energy, electricity networks and low-carbon infrastructure.

SSE’s activities include the generation of electricity from renewable sources such as offshore and onshore wind, hydroelectric power and energy-from-waste facilities, as well as the operation of thermal power assets. Through its SSEN businesses, the company also owns and operates electricity transmission and distribution networks serving northern Scotland and other parts of Great Britain.

The company was formed in 1998 through the merger of Scottish Hydro-Electric and Southern Electric.