Sse Plc (OTCMKTS:SSEZY) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Sse Plc (OTCMKTS:SSEZY) have been assigned an average recommendation of “Hold” from the eight ratings firms that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company.

SSEZY has been the topic of a number of recent analyst reports. Zacks Research raised SSE from a “strong sell” rating to a “hold” rating in a report on Monday, June 1st. Sanford C. Bernstein initiated coverage on shares of SSE in a report on Thursday, September 3rd. They issued an “outperform” rating for the company.

SSE Stock Performance

OTCMKTS SSEZY opened at $32.14 on Thursday. The company has a current ratio of 1.20, a quick ratio of 1.12 and a debt-to-equity ratio of 0.54. The business’s 50 day moving average is $32.50 and its two-hundred day moving average is $33.57. SSE has a 12-month low of $22.09 and a 12-month high of $37.51.

SSE Company Profile

SSE plc is a United Kingdom-based energy company headquartered in Perth, Scotland. Formerly known as Scottish and Southern Energy, the company was formed in 1998 through the merger of Scottish Hydro-Electric and Southern Electric. SSE has since focused increasingly on electricity infrastructure and low-carbon energy.

Through SSE Renewables, the company develops, owns and operates renewable energy projects, including onshore and offshore wind farms, hydroelectric facilities, solar projects and battery storage assets.