Sse Plc (LON:SSE)‘s stock had its “sell” rating reissued by research analysts at Deutsche Bank AG in a research report issued to clients and investors on Friday, October 20th. They presently have a GBX 1,300 ($17.15) price objective on the stock. Deutsche Bank AG’s price target suggests a potential downside of 5.18% from the stock’s current price.
A number of other equities research analysts have also recently commented on SSE. HSBC Holdings plc reissued a “buy” rating and issued a GBX 1,530 ($20.19) price objective on shares of Sse Plc in a research note on Friday, October 13th. Citigroup Inc. raised Sse Plc to a “neutral” rating and set a GBX 1,388 ($18.32) price objective for the company in a research note on Friday, July 28th. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and issued a GBX 1,522 ($20.08) price objective on shares of Sse Plc in a research note on Thursday, June 22nd. Credit Suisse Group reissued an “outperform” rating and issued a GBX 1,500 ($19.79) price objective on shares of Sse Plc in a research note on Thursday, October 5th. Finally, Royal Bank Of Canada dropped their target price on Sse Plc from GBX 1,750 ($23.09) to GBX 1,550 ($20.45) and set an “outperform” rating on the stock in a report on Monday, July 31st. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have issued a buy rating to the company. Sse Plc currently has a consensus rating of “Buy” and a consensus target price of GBX 1,532.86 ($20.23).
Shares of Sse Plc (SSE) opened at 1371.00 on Friday. The stock’s market capitalization is GBX 13.88 billion. Sse Plc has a 1-year low of GBX 1,341.00 and a 1-year high of GBX 1,599.36. The firm’s 50-day moving average is GBX 1,397.81 and its 200-day moving average is GBX 1,439.68.
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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.
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