Societe Generale reaffirmed their sell rating on shares of Sse Plc (LON:SSE) in a research note released on Tuesday morning. They currently have a GBX 1,320 ($16.09) price objective on the stock.

Other equities research analysts have also recently issued research reports about the company. 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 company a hold rating in a research note on Monday, September 12th. Jefferies Group lowered their price target on Sse Plc from GBX 1,600 ($19.50) to GBX 1,550 ($18.89) and set a hold rating for the company in a research note on Thursday, September 22nd. H2O Markets lowered their price target on Sse Plc from GBX 1,600 ($19.50) to GBX 1,550 ($18.89) and set a hold rating for the company in a research note on Thursday, September 22nd. Credit Suisse Group AG reissued a neutral rating and issued a GBX 1,450 ($17.67) price target on shares of Sse Plc in a research note on Thursday, June 23rd. Finally, Goldman Sachs Group Inc. reissued a neutral rating and issued a GBX 1,603 ($19.54) price target on shares of Sse Plc in a research note on Wednesday, September 7th. Four investment analysts have rated the stock with a sell rating, eleven have given a hold rating and five have given a buy rating to the stock. Sse Plc currently has a consensus rating of Hold and an average price target of GBX 1,521.56 ($18.54).

Shares of Sse Plc (LON:SSE) opened at 1576.7375 on Tuesday. The company has a 50 day moving average of GBX 1,538.33 and a 200-day moving average of GBX 1,531.41. Sse Plc has a 52 week low of GBX 1,317.00 and a 52 week high of GBX 1,644.00. The company’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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