Sse Plc (LON:SSE) had its price objective reduced by equities research analysts at Jefferies Group from GBX 1,600 ($20.89) to GBX 1,550 ($20.23) in a research report issued to clients and investors on Thursday. The brokerage currently has a “hold” rating on the stock. Jefferies Group’s price objective suggests a potential upside of 1.04% from the stock’s current price.
SSE has been the subject of a number of other research reports. Barclays PLC reissued an “overweight” rating and issued a GBX 1,675 ($21.86) price target on shares of Sse Plc in a research note on Monday, July 11th. HSBC reissued a “hold” rating and issued a GBX 1,600 ($20.89) price target on shares of Sse Plc in a research note on Wednesday, June 8th. Credit Suisse Group AG reissued a “neutral” rating and issued a GBX 1,550 ($20.23) price target on shares of Sse Plc in a research note on Friday, August 26th. BNP Paribas reissued an “outperform” rating and issued a GBX 1,700 ($22.19) price target on shares of Sse Plc in a research note on Wednesday, July 27th. Finally, Macquarie reissued an “outperform” rating and issued a GBX 1,560 ($20.36) price target on shares of Sse Plc in a research note on Monday, June 13th. Four equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and five have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of GBX 1,521.56 ($19.86).
Shares of Sse Plc (LON:SSE) opened at 1522.75 on Thursday. Sse Plc has a 52-week low of GBX 1,317.00 and a 52-week high of GBX 1,644.00. The stock’s 50 day moving average is GBX 1,532.83 and its 200 day moving average is GBX 1,521.71. The firm’s market capitalization is GBX 15.30 billion.
Sse Plc Company Profile
SSE plc is a United Kingdom-based company engaged in the generation, transmission, distribution and supply of electricity; in the production, storage, distribution and supply of gas, and in other energy-related services. 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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