Sse Plc (OTCMKTS:SSEZY) Receives Average Recommendation of “Hold” from Brokerages

Shares of Sse Plc (OTCMKTS:SSEZY) have received an average recommendation of “Hold” from the seven brokerages that are currently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and three have assigned a buy recommendation to the company.

SSEZY has been the subject of several recent analyst reports. Zacks Research downgraded SSE from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 2nd. The Goldman Sachs Group reiterated a “neutral” rating on shares of SSE in a research note on Monday, March 23rd. Finally, Citigroup reiterated a “sell” rating on shares of SSE in a research note on Monday, January 26th.

SSE Trading Down 0.9%

SSEZY opened at $33.06 on Friday. The stock has a 50-day moving average of $35.42 and a 200-day moving average of $32.43. SSE has a 52-week low of $21.70 and a 52-week high of $37.51. The company has a current ratio of 0.97, a quick ratio of 0.89 and a debt-to-equity ratio of 0.65.

About SSE

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.