SSE (OTCMKTS:SSEZY) Upgraded to Hold at Citigroup

SSE (OTCMKTS:SSEZY) was upgraded by equities research analysts at Citigroup from a “strong sell” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.

Other equities analysts have also issued reports about the company. Deutsche Bank Aktiengesellschaft assumed coverage on SSE in a research report on Wednesday, October 2nd. They set a “hold” rating on the stock. Barclays raised shares of SSE to a “strong-buy” rating in a research report on Monday, September 30th. Finally, UBS Group raised shares of SSE from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th.

SSE Price Performance

OTCMKTS:SSEZY opened at $20.06 on Monday. The business’s 50-day moving average is $20.77 and its two-hundred day moving average is $23.32. SSE has a 12 month low of $18.76 and a 12 month high of $27.01.

About SSE

SSE plc engages in the generation, transmission, distribution, and supply of electricity. It generates electricity from water, gas, coal, oil, and multi fuel. The company distributes electricity to approximately 3.8 million homes and businesses across the north of the central belt of Scotland and central southern England; and owns, operates, and develops high voltage electricity transmission system in the north of Scotland and remote islands.