Brokerages Set SSE plc (OTCMKTS:SSEZY) Price Target at $2,150.00

Shares of SSE plc (OTCMKTS:SSEZYGet Rating) have received an average recommendation of “Moderate Buy” from the eight ratings firms that are covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $2,150.00.

Separately, JPMorgan Chase & Co. upgraded SSE from a “neutral” rating to an “overweight” rating in a research note on Tuesday.

SSE Stock Down 0.4 %

OTCMKTS:SSEZY opened at $19.33 on Tuesday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.43 and a current ratio of 1.49. The stock’s fifty day moving average is $20.85 and its two-hundred day moving average is $21.66. SSE has a 52 week low of $19.09 and a 52 week high of $24.18.

SSE Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, September 29th. Stockholders of record on Friday, July 29th will be paid a $0.7153 dividend. This is a boost from SSE’s previous dividend of $0.32. This represents a dividend yield of 4.84%. The ex-dividend date of this dividend is Thursday, July 28th.

SSE Company Profile

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SSE plc engages in the generation, transmission, distribution, and supply of electricity. It generates electricity from water, gas, coal, oil, and multi fuel. The company distributes electricity to approximately 3.8 million homes and businesses across the north of the central belt of Scotland and central southern England; and owns, operates, and develops high voltage electricity transmission system in the north of Scotland and remote islands.

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Analyst Recommendations for SSE (OTCMKTS:SSEZY)

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