Sse Plc (OTCMKTS:SSEZY) Receives Consensus Recommendation of “Hold” from Brokerages

Sse Plc (OTCMKTS:SSEZY) has earned a consensus rating of “Hold” from the six brokerages that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have assigned a buy recommendation to the company.

A number of analysts have recently issued reports on SSEZY shares. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of SSE in a report on Friday, November 14th. Zacks Research raised SSE from a “strong sell” rating to a “hold” rating in a research note on Friday, December 19th. UBS Group cut SSE from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 27th. Morgan Stanley reissued an “overweight” rating on shares of SSE in a report on Wednesday, January 7th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of SSE in a research report on Friday, November 14th.

SSE Price Performance

Shares of SSE stock opened at $35.36 on Friday. The company has a current ratio of 0.97, a quick ratio of 0.89 and a debt-to-equity ratio of 0.65. SSE has a 1 year low of $18.78 and a 1 year high of $36.56. The company has a 50 day simple moving average of $32.07 and a two-hundred day simple moving average of $27.69.

About SSE

SSE plc (OTCMKTS:SSEZY) is a United Kingdom–based energy company engaged across the electricity value chain. Its principal activities include power generation, energy supply to residential and commercial customers, and ownership/operation of electricity networks. The company has a significant presence in renewable energy development alongside conventional generation, and it provides a range of energy-related services and infrastructure solutions.

On the generation side, SSE’s portfolio spans both low-carbon technologies—such as onshore and offshore wind and hydroelectric assets—and thermal generation that supports system reliability.