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

Sse Plc (OTCMKTS:SSEZY) has received a consensus recommendation of “Hold” from the seven brokerages that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, two have given a hold recommendation and three have issued a buy recommendation on the company.

A number of equities analysts have recently issued reports on SSEZY shares. The Goldman Sachs Group reiterated a “neutral” rating on shares of SSE in a report on Monday, March 23rd. Zacks Research cut SSE from a “hold” rating to a “strong sell” rating in a report on Thursday, April 2nd.

SSE Stock Down 1.3%

SSE stock opened at $31.19 on Tuesday. SSE has a 52 week low of $21.70 and a 52 week high of $37.51. The business has a 50-day simple moving average of $34.42 and a 200 day simple moving average of $32.99. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.89 and a current ratio of 0.97.

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.