Sse Plc (SSE) Receives “Overweight” Rating from Barclays PLC
Other equities analysts also recently issued reports about the company. Berenberg Bank reaffirmed a hold rating on shares of Sse Plc in a research report on Tuesday, June 14th. BNP Paribas reaffirmed an outperform rating and set a GBX 1,700 ($22.19) price target on shares of Sse Plc in a research report on Monday, June 27th. Credit Suisse Group AG reissued a neutral rating and issued a GBX 1,450 ($18.93) target price on shares of Sse Plc in a research report on Thursday, June 23rd. HSBC reissued a hold rating and issued a GBX 1,600 ($20.89) target price on shares of Sse Plc in a research report on Wednesday, June 8th. Finally, Citigroup Inc. raised Sse Plc to a neutral rating in a research report on Wednesday, August 3rd. Four 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’s stock. The company currently has an average rating of Hold and a consensus price target of GBX 1,521.56 ($19.86).
Sse Plc (LON:SSE) traded down 0.11% during trading on Tuesday, hitting GBX 1537.25. The stock had a trading volume of 940,470 shares. Sse Plc has a 52-week low of GBX 1,317.00 and a 52-week high of GBX 1,644.00. The firm’s market cap is GBX 15.44 billion. The company’s 50 day moving average is GBX 1,532.22 and its 200 day moving average is GBX 1,524.04.
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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