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

Shares of Sse Plc (OTCMKTS:SSEZY) have received a consensus recommendation of “Hold” from the seven ratings firms that are currently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and three have issued a buy recommendation on the company.

A number of research firms recently weighed in on SSEZY. Citigroup reaffirmed a “sell” rating on shares of SSE in a research report on Monday, January 26th. Zacks Research downgraded shares of SSE from a “hold” rating to a “strong sell” rating in a research report on Thursday, April 2nd. Morgan Stanley reaffirmed an “overweight” rating on shares of SSE in a research report on Wednesday, January 7th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating on shares of SSE in a research report on Monday, March 23rd.

SSE Stock Performance

SSE stock opened at $37.18 on Monday. SSE has a 1-year low of $20.23 and a 1-year high of $37.51. The company has a fifty day simple moving average of $35.57 and a 200 day simple moving average of $30.76. The company has a quick ratio of 0.89, a current ratio of 0.97 and a debt-to-equity ratio of 0.65.

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.