Sse Plc (LON:SSE)‘s stock had its “outperform” rating reiterated by research analysts at Macquarie in a research note issued on Wednesday. They presently have a GBX 1,700 ($21.24) price objective on the stock. Macquarie’s target price points to a potential upside of 17.16% from the stock’s current price.

Other equities analysts also recently issued reports about the company. JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 1,600 ($19.99) price objective on shares of Sse Plc in a report on Thursday, November 10th. Citigroup Inc. upgraded Sse Plc to a “neutral” rating in a report on Wednesday, August 3rd. BNP Paribas reiterated an “outperform” rating and set a GBX 1,700 ($21.24) target price on shares of Sse Plc in a report on Wednesday, July 27th. Jefferies Group reiterated a “hold” rating and set a GBX 1,550 ($19.37) target price on shares of Sse Plc in a report on Monday, October 31st. Finally, Credit Suisse Group AG reiterated a “neutral” rating and set a GBX 1,550 ($19.37) target price on shares of Sse Plc in a report on Tuesday, October 25th. Four analysts have rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of GBX 1,542.38 ($19.27).

Analyst Recommendations for Sse Plc (LON:SSE)

Shares of Sse Plc (LON:SSE) opened at 1456.0945 on Wednesday. The stock’s market cap is GBX 14.68 billion. The firm has a 50-day moving average price of GBX 1,528.84 and a 200-day moving average price of GBX 1,535.28. Sse Plc has a 52 week low of GBX 1,317.00 and a 52 week high of GBX 1,644.00.

The business also recently disclosed a dividend, which will be paid on Friday, March 17th. Investors of record on Thursday, January 19th will be given a dividend of GBX 27.40 ($0.34) per share. The ex-dividend date is Thursday, January 19th. This represents a yield of 1.79%.

In related news, insider Katie Bickerstaffe acquired 677 shares of Sse Plc stock in a transaction that occurred on Wednesday, November 16th. The stock was acquired at an average price of GBX 1,461 ($18.25) per share, for a total transaction of £9,890.97 ($12,357.53).

TRADEMARK VIOLATION WARNING: This story was posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this story on another website, it was stolen and republished in violation of United States & international copyright legislation. The original version of this story can be viewed at https://www.thecerbatgem.com/2016/11/25/sse-plc-sse-stock-rating-reaffirmed-by-macquarie.html.

Sse Plc 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.

Receive News & Stock Ratings for Sse Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sse Plc and related stocks with our FREE daily email newsletter.