Sse Plc (NASDAQ:SSEZY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday. The brokerage presently has a $20.00 target price on the stock. Zacks Investment Research’s price target would suggest a potential upside of 10.28% from the stock’s current price.
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) opened at 18.135 on Wednesday. The company has a 50-day moving average price of $0.00 and a 200-day moving average price of $0.00. Sse Plc has a 1-year low of $17.66 and a 1-year high of $23.35.
Sse Plc Company Profile
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.