Shares of Sse Plc (LON:SSE) traded down 0% on Tuesday . The stock traded as low as GBX 1,239 ($17.12) and last traded at GBX 1,241 ($17.15). 2,700,000 shares traded hands during mid-day trading, a decline of 31% from the average session volume of 3,900,000 shares. The stock had previously closed at GBX 1,241 ($17.15).
Several analysts recently weighed in on the company. Credit Suisse Group reissued 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 ($23.00) price objective on shares of SSE in a report on Wednesday, November 8th. Citigroup reissued a “neutral” rating and issued a GBX 1,388 ($19.18) price objective on shares of SSE in a report on Wednesday, November 8th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 1,540 ($21.28) price objective on shares of SSE in a report on Wednesday, November 8th. Finally, Deutsche Bank reissued a “sell” rating and issued a GBX 1,300 ($17.96) price objective on shares of SSE in a report on Thursday, November 9th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of GBX 1,532.79 ($21.18).
The company has a market capitalization of $12,590.00 and a P/E ratio of 919.26.
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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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