SSE (OTCMKTS:SSEZY) Given “Neutral” Rating at The Goldman Sachs Group

The Goldman Sachs Group restated their neutral rating on shares of SSE (OTCMKTS:SSEZY) in a research note released on Monday morning, MarketBeat reports.

A number of other research firms have also recently issued reports on SSEZY. Citigroup reiterated a “sell” rating on shares of SSE in a research note on Monday, January 26th. UBS Group downgraded shares of SSE from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 27th. Zacks Research raised shares of SSE from a “strong sell” rating to a “hold” rating in a research note on Friday, December 19th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of SSE in a report on Wednesday, January 7th. Three research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, SSE has an average rating of “Hold”.

SSE Trading Down 1.1%

Shares of OTCMKTS SSEZY opened at $33.97 on Monday. The business has a 50 day simple moving average of $34.61 and a 200 day simple moving average of $29.50. SSE has a 52 week low of $19.36 and a 52 week high of $37.04. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.97 and a quick ratio of 0.89.

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.