Sse Plc (LON:SSE) fell 2.1% during trading on Thursday . The company traded as low as GBX 1,276.50 ($17.93) and last traded at GBX 1,276.50 ($17.93). 4,445,744 shares changed hands during trading, an increase of 34% from the average session volume of 3,310,000 shares. The stock had previously closed at GBX 1,304.50 ($18.32).
A number of research firms recently commented on SSE. Credit Suisse Group reaffirmed a “restricted” rating on shares of SSE in a report on Wednesday, November 8th. Barclays reissued an “overweight” rating and issued a GBX 1,665 ($23.38) price target on shares of SSE in a report on Wednesday, November 8th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 1,540 ($21.63) price target on shares of SSE in a report on Wednesday, November 8th. Citigroup reissued a “neutral” rating and issued a GBX 1,388 ($19.49) price target on shares of SSE in a report on Wednesday, November 8th. Finally, reissued a “buy” rating and issued a GBX 1,530 ($21.49) price target on shares of SSE in a report on Friday, October 13th. One research analyst has rated the stock with a sell rating, three have given a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of GBX 1,532.79 ($21.52).
The stock has a market capitalization of $12,950.00 and a price-to-earnings ratio of 945.56.
SSE (LON:SSE) last announced its quarterly earnings results on Wednesday, November 8th. The company reported GBX 31.20 ($0.44) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of GBX 30.30 ($0.43) by GBX 0.90 ($0.01). SSE had a return on equity of 9.69% and a net margin of 2.93%. The company had revenue of GBX 1,218.41 billion during the quarter.
The firm also recently announced a dividend, which will be paid on Friday, March 16th. Stockholders of record on Thursday, January 18th will be paid a dividend of GBX 28.40 ($0.40) per share. This represents a dividend yield of 2.09%. The ex-dividend date of this dividend is Thursday, January 18th.
ILLEGAL ACTIVITY NOTICE: “SSE (SSE) Stock Price Down 2.1%” was originally reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this article on another site, it was stolen and republished in violation of US and international trademark & copyright laws. The original version of this article can be read at https://www.dispatchtribunal.com/2018/02/01/sse-sse-stock-price-down-2-1.html.
SSE 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 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SSE and related companies with MarketBeat.com's FREE daily email newsletter.