Sse Plc (SSE) Rating Reiterated by BNP Paribas
Sse Plc (LON:SSE)‘s stock had its “outperform” rating reiterated by analysts at BNP Paribas in a report released on Friday. They currently have a GBX 1,700 ($21.24) price objective on the stock. BNP Paribas’ price objective indicates a potential upside of 18.38% from the company’s current price.
Several other research analysts have also recently issued reports on SSE. JPMorgan Chase & Co. lowered their price objective on Sse Plc from GBX 1,625 ($20.30) to GBX 1,600 ($19.99) and set a “neutral” rating for the company in a research report on Thursday, September 15th. Goldman Sachs Group Inc. reaffirmed a “neutral” rating and set a GBX 1,603 ($20.03) price objective on shares of Sse Plc in a research report on Wednesday, September 7th. Jefferies Group reaffirmed a “hold” rating and set a GBX 1,550 ($19.37) price objective on shares of Sse Plc in a research report on Monday, October 31st. Barclays PLC reaffirmed an “overweight” rating and set a GBX 1,675 ($20.93) price objective on shares of Sse Plc in a research report on Tuesday, September 27th. Finally, H2O Markets lowered their price objective on Sse Plc from GBX 1,600 ($19.99) to GBX 1,550 ($19.37) and set a “hold” rating for the company in a research report on Thursday, September 22nd. Four research analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of GBX 1,533.63 ($19.16).
Sse Plc (LON:SSE) opened at 1468.00 on Friday. The stock’s market capitalization is GBX 14.80 billion. The company’s 50-day moving average price is GBX 1,551.78 and its 200 day moving average price is GBX 1,538.29. Sse Plc has a 12 month low of GBX 1,317.00 and a 12 month high of GBX 1,644.00.
The company also recently declared a dividend, which will be paid on Friday, March 17th. Investors of record on Thursday, January 19th will be issued a GBX 27.40 ($0.34) dividend. This represents a dividend yield of 1.79%. The ex-dividend date of this dividend is Thursday, January 19th.
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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