Deutsche Bank AG reiterated their sell rating on shares of Sse Plc (LON:SSE) in a research report released on Thursday morning. They currently have a GBX 1,300 ($17.10) price target on the stock.
Other equities analysts have also issued research reports about the stock. Citigroup Inc. restated a neutral rating and set a GBX 1,388 ($18.26) target price on shares of Sse Plc in a report on Wednesday. Credit Suisse Group upgraded shares of Sse Plc to an outperform rating and set a GBX 1,500 ($19.73) target price on the stock in a report on Monday, August 14th. Barclays PLC restated an overweight rating and set a GBX 1,665 ($21.90) target price on shares of Sse Plc in a report on Wednesday. J P Morgan Chase & Co restated a neutral rating and set a GBX 1,540 ($20.26) target price on shares of Sse Plc in a report on Wednesday. Finally, HSBC Holdings plc restated a buy rating and set a GBX 1,530 ($20.12) target price on shares of Sse Plc in a report on Friday, October 13th. One analyst has rated the stock with a sell rating, four have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus price target of GBX 1,531.43 ($20.14).
Shares of Sse Plc (SSE) opened at GBX 1,360 ($17.89) on Thursday. Sse Plc has a 12 month low of GBX 1,341 ($17.64) and a 12 month high of GBX 1,578 ($20.75).
Sse Plc (LON:SSE) last announced its quarterly earnings data on Wednesday, November 8th. The company reported GBX 31.20 ($0.41) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of GBX 30.30 ($0.40) by GBX 0.90 ($0.01). Sse Plc had a net margin of 6.57% and a return on equity of 40.09%. The company had revenue of GBX 1,218.41 billion during the quarter.
COPYRIGHT VIOLATION NOTICE: This news story was originally published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this news story on another domain, it was illegally stolen and republished in violation of US & international trademark & copyright legislation. The correct version of this news story can be accessed at https://www.dispatchtribunal.com/2017/11/12/sse-plcs-sse-sell-rating-reiterated-at-deutsche-bank-ag.html.
The business also recently announced a dividend, which will be paid on Friday, March 16th. Stockholders of record on Thursday, January 18th will be paid a GBX 28.40 ($0.37) dividend. The ex-dividend date of this dividend is Thursday, January 18th. This represents a dividend yield of 2.09%.
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.
Receive News & Ratings for Sse Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sse Plc and related companies with MarketBeat.com's FREE daily email newsletter.