Societe Generale reissued their sell rating on shares of Sse Plc (LON:SSE) in a research note issued to investors on Tuesday morning. The brokerage currently has a GBX 1,320 ($16.09) target price on the stock.
A number of other equities analysts have also recently commented on the company. BNP Paribas reissued an outperform rating and set a GBX 1,700 ($20.72) price target on shares of Sse Plc in a report on Monday, June 27th. Deutsche Bank AG boosted their price target on Sse Plc from GBX 1,400 ($17.06) to GBX 1,470 ($17.92) and gave the stock a hold rating in a report on Monday, September 12th. Citigroup Inc. raised Sse Plc to a neutral rating in a report on Wednesday, August 3rd. Barclays PLC reissued an overweight rating on shares of Sse Plc in a report on Friday, August 19th. Finally, Credit Suisse Group AG reissued a neutral rating and set a GBX 1,550 ($18.89) price target on shares of Sse Plc in a report on Wednesday, July 27th. Four investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of GBX 1,521.56 ($18.54).
Sse Plc (LON:SSE) opened at 1576.7375 on Tuesday. The firm has a 50-day moving average price of GBX 1,538.33 and a 200 day moving average price of GBX 1,531.41. Sse Plc has a 1-year low of GBX 1,317.00 and a 1-year high of GBX 1,644.00. The firm’s market cap is GBX 15.84 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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