SSE (OTCMKTS:SSEZY) Upgraded by Royal Bank of Canada to “Outperform”

Royal Bank of Canada upgraded shares of SSE (OTCMKTS:SSEZYGet Rating) from a sector perform rating to an outperform rating in a research report sent to investors on Tuesday, The Fly reports.

Several other equities research analysts also recently weighed in on the stock. Citigroup raised their target price on shares of SSE from GBX 1,486 ($17.57) to GBX 1,664 ($19.68) in a research note on Friday, November 18th. JPMorgan Chase & Co. raised shares of SSE from a neutral rating to an overweight rating in a report on Tuesday, September 20th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, SSE has an average rating of Moderate Buy and a consensus price target of $1,988.00.

SSE Price Performance

Shares of SSEZY opened at $20.49 on Tuesday. SSE has a twelve month low of $15.70 and a twelve month high of $24.18. 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 company has a 50 day moving average of $18.01 and a two-hundred day moving average of $20.09.

SSE Company Profile

(Get Rating)

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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