Sse Plc (OTCMKTS:SSEZY) Stock Now Rated “Hold” by Wall Street Analysts

Shares of Sse Plc (OTCMKTS:SSEZY) have been given an average recommendation of “Hold” by the nine ratings firms that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company.

SSEZY has been the topic of several recent analyst reports. Oddo Bhf initiated coverage on shares of SSE in a report on Monday, October 5th. They issued an “outperform” rating on the stock. Sanford C. Bernstein started coverage on SSE in a report on Thursday, September 3rd. They issued an “outperform” rating on the stock.

SSE Trading Up 2.9%

SSEZY stock opened at $35.63 on Friday. The business has a fifty day moving average of $32.87 and a two-hundred day moving average of $33.47. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.20 and a quick ratio of 1.12. SSE has a 52-week low of $24.64 and a 52-week high of $37.51.

SSE Company Profile

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.