Morgan Stanley began coverage on shares of SSE PLC/S (OTCMKTS:SSEZY) in a research note issued on Wednesday, Briefing.com Automated Import reports. The brokerage set an “equal weight” rating on the technology company’s stock.
Other equities research analysts also recently issued research reports about the company. Zacks Investment Research upgraded SSE PLC/S from a “sell” rating to a “hold” rating in a research report on Friday, March 22nd. Goldman Sachs Group restated a “buy” rating on shares of SSE PLC/S in a research report on Tuesday, January 8th. UBS Group downgraded SSE PLC/S from a “buy” rating to a “neutral” rating in a research report on Wednesday, January 16th. Finally, Credit Suisse Group restated an “outperform” rating on shares of SSE PLC/S in a research report on Thursday, January 10th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $16.00.
Shares of SSEZY stock traded down $0.07 on Wednesday, reaching $14.76. The company’s stock had a trading volume of 54,258 shares, compared to its average volume of 230,326. SSE PLC/S has a 12-month low of $12.88 and a 12-month high of $19.66. The company has a market capitalization of $14.99 billion, a PE ratio of 9.17, a price-to-earnings-growth ratio of 0.84 and a beta of 0.74.
SSE PLC/S Company Profile
SSE plc engages in the generation, transmission, distribution, and supply of electricity. The company operates through three segments: Wholesale, Networks, and Retail. It generates electricity from gas, oil, coal, water, and wind. The company transmits and distributes electricity to approximately 3.7 million homes and businesses across the north of the central belt of Scotland and also central southern England; owns and maintains 132 kilovolts (KV), 275kV, and 400kV electricity transmission network; and manages 130,000 kilometers of overhead lines and underground cables, 106,000 substations, and approximately 100 subsea cables.
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