SSE PLC/S (SSEZY) Upgraded to Hold by Zacks Investment Research

SSE PLC/S (OTCMKTS:SSEZY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Saturday.

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, Deutsche Bank raised shares of SSE PLC/S from a “sell” rating to a “buy” rating in a research report on Wednesday, September 19th.

OTCMKTS:SSEZY opened at $14.05 on Friday. The company has a debt-to-equity ratio of 1.52, a current ratio of 0.91 and a quick ratio of 0.88. The stock has a market capitalization of $14.26 billion, a price-to-earnings ratio of 8.72, a PEG ratio of 1.00 and a beta of 0.73. SSE PLC/S has a 1-year low of $13.97 and a 1-year 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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