Sse Plc (SSE) Rating Reiterated by Credit Suisse Group
Credit Suisse Group reaffirmed their outperform rating on shares of Sse Plc (LON:SSE) in a research report report published on Thursday, October 5th. The firm currently has a GBX 1,500 ($19.72) target price on the stock.
Other equities research analysts also recently issued reports about the company. HSBC Holdings plc lowered their price target on Sse Plc from GBX 1,590 ($20.90) to GBX 1,530 ($20.12) and set a buy rating for the company in a report on Thursday, October 5th. Citigroup Inc. upgraded Sse Plc to a neutral rating and set a GBX 1,388 ($18.25) price objective for the company in a research report on Friday, July 28th. Goldman Sachs Group, Inc. (The) restated a neutral rating and set a GBX 1,522 ($20.01) price objective on shares of Sse Plc in a research report on Thursday, June 22nd. Royal Bank Of Canada reduced their price objective on Sse Plc from GBX 1,750 ($23.01) to GBX 1,550 ($20.38) and set an outperform rating for the company in a research report on Monday, July 31st. Finally, BNP Paribas reiterated an outperform rating and set a GBX 1,700 ($22.35) price target on shares of Sse Plc in a research report on Friday, July 21st. Two analysts have rated the stock with a sell rating, four have issued a hold rating and nine have issued a buy rating to the stock. Sse Plc presently has an average rating of Hold and a consensus target price of GBX 1,536 ($20.19).
Sse Plc (LON:SSE) traded down 1.21% during trading on Thursday, reaching GBX 1391.00. 4,211,432 shares of the company’s stock traded hands. The firm’s market capitalization is GBX 14.09 billion. Sse Plc has a one year low of GBX 1,341.00 and a one year high of GBX 1,612.00. The company has a 50-day moving average price of GBX 1,408.84 and a 200 day moving average price of GBX 1,446.92.
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About Sse Plc
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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