Sse Plc (SSEZY) Upgraded to “Buy” at Zacks Investment Research
Zacks Investment Research upgraded shares of Sse Plc (NASDAQ:SSEZY) from a hold rating to a buy rating in a research report sent to investors on Wednesday. Zacks Investment Research currently has $20.00 price target on the stock.
According to Zacks, “SSE PLC is engaged in the generation, transmission, distribution, and supply of electricity in the United Kingdom and Ireland. The Company also stores and distributes natural gas and provides other energy-related services. It operates a telecommunications network that offers bandwidth and capacity to companies, public sector organizations, Internet service providers, and others. SSE PLC, formerly known as Scottish and Southern Energy plc, is based in Perth, the United Kingdom. “
Shares of Sse Plc (NASDAQ:SSEZY) traded up 0.000% on Wednesday, reaching $18.135. 96,156 shares of the company’s stock were exchanged. The company has a market capitalization of $18.22 billion and a P/E ratio of 32.384. The stock’s 50-day moving average price is $18.87 and its 200-day moving average price is $20.35. Sse Plc has a 1-year low of $17.66 and a 1-year high of $23.35.
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Sse Plc Company Profile
SSE plc is engaged in producing, distributing and supplying electricity and gas, as well as other energy-related services to homes and businesses in Great Britain and Ireland. The Company’s segments include Networks, which consists of electricity distribution, electricity transmission and gas distribution; Retail, which consists of energy supply, enterprise and energy-related services, and Wholesale, which consists of energy portfolio management and electricity generation, gas storage and gas production.
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