SSE PLC/S (SSEZY) Receives Consensus Rating of “Buy” from Brokerages
SSE PLC/S (OTCMKTS:SSEZY) has been assigned a consensus recommendation of “Buy” from the six analysts that are covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company.
A number of research firms recently issued reports on SSEZY. UBS Group lowered SSE PLC/S from a “buy” rating to a “neutral” rating in a report on Wednesday, January 16th. Credit Suisse Group reaffirmed an “outperform” rating on shares of SSE PLC/S in a report on Thursday, January 10th. Zacks Investment Research raised SSE PLC/S from a “sell” rating to a “hold” rating in a report on Saturday, November 17th. Finally, Goldman Sachs Group reaffirmed a “buy” rating on shares of SSE PLC/S in a report on Tuesday, January 8th.
Shares of SSEZY traded down $0.04 during trading hours on Thursday, reaching $15.92. 40,931 shares of the company’s stock traded hands, compared to its average volume of 313,901. The firm has a market capitalization of $16.16 billion, a price-to-earnings ratio of 9.89, a price-to-earnings-growth ratio of 1.31 and a beta of 0.74. SSE PLC/S has a twelve month low of $12.88 and a twelve month high of $19.66.
SSE PLC/S Company Profile
SSE plc engages in the generation, transmission, distribution, and supply of electricity. The company operates through three segments: Wholesale, Networks, and Retail. It generates electricity from gas, oil, coal, water, and wind. The company transmits and distributes electricity to approximately 3.7 million homes and businesses across the north of the central belt of Scotland and also central southern England; owns and maintains 132 kilovolts (KV), 275kV, and 400kV electricity transmission network; and manages 130,000 kilometers of overhead lines and underground cables, 106,000 substations, and approximately 100 subsea cables.
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