Sse Plc’s (SSE) “Sell” Rating Reiterated at Deutsche Bank AG

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.

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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.

Analyst Recommendations for Sse Plc (LON:SSE)

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