SSE (SSEZY) Rating Lowered to Hold at Zacks Investment Research
Zacks Investment Research cut shares of SSE (OTCMKTS:SSEZY) from a buy rating to a hold rating in a research report report published on Friday.
According to Zacks, “SSE PLC is engaged in the generation, transmission, distribution, and supply of electricity in the United Kingdom and Ireland. The Company also stores and distributes natural gas and provides other energy-related services. It operates a telecommunications network that offers bandwidth and capacity to companies, public sector organizations, Internet service providers, and others. SSE PLC, formerly known as Scottish and Southern Energy plc, is based in Perth, the United Kingdom. “
Separately, Jefferies Group upgraded SSE from a hold rating to a buy rating in a report on Tuesday, November 21st.
The business also recently announced a None dividend, which will be paid on Friday, March 23rd. Shareholders of record on Friday, January 19th will be issued a dividend of $0.354 per share. The ex-dividend date is Thursday, January 18th.
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SSE plc is engaged in producing, distributing and supplying electricity and gas, as well as other energy-related services to homes and businesses in Great Britain and Ireland. The Company’s segments include Networks, which consists of electricity distribution, electricity transmission and gas distribution; Retail, which consists of energy supply, enterprise and energy-related services, and Wholesale, which consists of energy portfolio management and electricity generation, gas storage and gas production.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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