SSE (OTCMKTS:SSEZY) Stock Rating Upgraded by Citigroup

SSE (OTCMKTS:SSEZY) was upgraded by research analysts at Citigroup from a “strong sell” rating to a “hold” rating in a report released on Monday,Zacks.com reports.

Several other brokerages have also commented on SSEZY. Deutsche Bank Aktiengesellschaft assumed coverage on SSE in a research report on Wednesday, October 2nd. They issued a “hold” rating for the company. UBS Group raised shares of SSE from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Finally, Barclays raised shares of SSE to a “strong-buy” rating in a report on Monday, September 30th.

SSE Trading Up 1.2 %

OTCMKTS:SSEZY opened at $20.06 on Monday. SSE has a one year low of $18.76 and a one year high of $27.01. The stock has a 50-day simple moving average of $20.77 and a 200 day simple moving average of $23.32.

SSE Company Profile

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.