Sse Plc (SSEZY) Rating Increased to Hold at Zacks Investment Research
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. “
Separately, Investec upgraded shares of Sse Plc from a “hold” rating to a “buy” rating in a research note on Friday, January 13th.
Shares of Sse Plc (NASDAQ:SSEZY) opened at 18.94 on Friday. The stock has a 50 day moving average of $19.07 and a 200-day moving average of $19.14. Sse Plc has a 52 week low of $17.66 and a 52 week high of $23.35. The stock has a market capitalization of $19.09 billion and a PE ratio of 21.07.
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About Sse Plc
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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