Zacks Investment Research upgraded shares of Sse Plc (NASDAQ:SSEZY) from a hold rating to a buy rating in a report issued on Wednesday morning. They currently have $21.00 target price on the technology company’s 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. “
Sse Plc (NASDAQ:SSEZY) traded up $0.07 during mid-day trading on Wednesday, hitting $18.18. 243,176 shares of the stock traded hands, compared to its average volume of 59,555. Sse Plc has a 1 year low of $17.66 and a 1 year high of $20.52.
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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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