The Goldman Sachs Group Reaffirms Neutral Rating for SSE (OTCMKTS:SSEZY)

SSE (OTCMKTS:SSEZY)‘s stock had its “neutral” rating reiterated by analysts at The Goldman Sachs Group in a research note issued to investors on Monday.

Several other equities research analysts also recently issued reports on the stock. UBS Group downgraded shares of SSE from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 27th. Zacks Research raised SSE from a “strong sell” rating to a “hold” rating in a research report on Friday, December 19th. Citigroup reissued a “sell” rating on shares of SSE in a report on Monday, January 26th. Finally, Morgan Stanley restated an “overweight” rating on shares of SSE in a research note on Wednesday, January 7th. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold”.

SSE Trading Down 4.7%

Shares of SSEZY opened at $34.35 on Monday. The firm has a 50-day moving average of $34.55 and a 200-day moving average of $29.41. SSE has a one year low of $19.36 and a one year high of $37.04. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.97 and a quick ratio of 0.89.

SSE Company Profile

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.