SSE plc (OTCMKTS:SSEZY) Receives $2,150.00 Average Price Target from Analysts

Shares of SSE plc (OTCMKTS:SSEZYGet Rating) have been given a consensus recommendation of “Moderate Buy” by the eight research firms that are currently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $2,150.00.

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

SSE Trading Down 0.4 %

SSE stock opened at $19.33 on Tuesday. The company has a current ratio of 1.49, a quick ratio of 1.43 and a debt-to-equity ratio of 0.86. The firm’s 50 day moving average price is $20.85 and its two-hundred day moving average price is $21.66. SSE has a twelve month low of $19.09 and a twelve month high of $24.18.

SSE Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, September 29th. Stockholders of record on Friday, July 29th will be paid a dividend of $0.7153 per share. This is a positive change from SSE’s previous dividend of $0.32. The ex-dividend date is Thursday, July 28th. This represents a dividend yield of 4.84%.

About SSE

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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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