SSE PLC/S (SSEZY) Earns “Outperform” Rating from Credit Suisse Group

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SSE PLC/S (OTCMKTS:SSEZY)‘s stock had its “outperform” rating reaffirmed by analysts at Credit Suisse Group in a report released on Thursday.

Several other research firms have also recently issued reports on SSEZY. Zacks Investment Research cut shares of SSE PLC/S from a “buy” rating to a “hold” rating in a research report on Tuesday, September 18th. Deutsche Bank raised shares of SSE PLC/S from a “sell” rating to a “buy” rating in a research note on Wednesday, September 19th. Finally, Goldman Sachs Group reaffirmed a “buy” rating on shares of SSE PLC/S in a research note on Tuesday. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $16.00.

SSE PLC/S stock opened at $14.96 on Thursday. SSE PLC/S has a 12-month low of $12.88 and a 12-month high of $19.66. The stock has a market cap of $14.65 billion, a P/E ratio of 9.29, a PEG ratio of 1.12 and a beta of 0.64.

About SSE PLC/S

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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