SSE (LON:SSE) had its price target cut by Deutsche Bank from GBX 1,250 ($17.27) to GBX 1,150 ($15.89) in a research note released on Thursday, March 8th. They currently have a sell rating on the stock.
A number of other research firms have also commented on SSE. Morgan Stanley reiterated an overweight rating and issued a GBX 1,670 ($23.07) price objective on shares of SSE in a research note on Monday, January 22nd. Credit Suisse Group reiterated a restricted rating on shares of SSE in a research note on Wednesday, February 28th. Jefferies Group upgraded SSE to a buy rating and lifted their price objective for the stock from GBX 1,400 ($19.34) to GBX 1,700 ($23.49) in a research note on Tuesday, November 21st. Berenberg Bank dropped their price objective on SSE from GBX 1,650 ($22.80) to GBX 1,600 ($22.11) and set a buy rating on the stock in a research note on Thursday, November 23rd. Finally, reiterated a buy rating and issued a GBX 1,530 ($21.14) price objective on shares of SSE in a research note on Friday, November 10th. One 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. The stock has a consensus rating of Buy and a consensus price target of GBX 1,525.64 ($21.08).
SSE (LON:SSE) opened at GBX 1,239 ($17.12) on Thursday. The company has a market capitalization of $12,470.00 and a PE ratio of 917.78. SSE has a 12 month low of GBX 1,176.50 ($16.25) and a 12 month high of GBX 1,554 ($21.47).
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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.
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