Sse Plc (LON:SSE)‘s stock had its “outperform” rating restated by investment analysts at BNP Paribas in a research report issued on Tuesday. They currently have a GBX 1,700 ($21.09) target price on the stock. BNP Paribas’ target price suggests a potential upside of 15.25% from the company’s previous close.

A number of other research analysts have also recently issued reports on SSE. JPMorgan Chase & Co. decreased their price objective on shares of Sse Plc from GBX 1,625 ($20.16) to GBX 1,600 ($19.85) and set a “neutral” rating on the stock in a research note on Thursday, September 15th. Goldman Sachs Group Inc. reissued a “neutral” rating and issued a GBX 1,603 ($19.89) price objective on shares of Sse Plc in a research note on Wednesday, September 7th. Macquarie reissued an “outperform” rating and issued a GBX 1,700 ($21.09) price objective on shares of Sse Plc in a research note on Wednesday, November 23rd. Barclays PLC reissued an “overweight” rating and issued a GBX 1,675 ($20.78) price objective on shares of Sse Plc in a research note on Tuesday, September 27th. Finally, Jefferies Group reaffirmed a “hold” rating and set a GBX 1,550 ($19.23) target price on shares of Sse Plc in a research note on Monday, October 31st. Four investment 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. Sse Plc has a consensus rating of “Hold” and an average price target of GBX 1,542.38 ($19.13).

Analyst Recommendations for Sse Plc (LON:SSE)

Shares of Sse Plc (LON:SSE) opened at 1475.00 on Tuesday. The company has a 50 day moving average of GBX 1,526.11 and a 200-day moving average of GBX 1,534.90. The company’s market cap is GBX 14.87 billion. Sse Plc has a 52-week low of GBX 1,317.00 and a 52-week high of GBX 1,644.00.

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

COPYRIGHT VIOLATION NOTICE: “Sse Plc (SSE) Rating Reiterated by BNP Paribas” was first published by The Cerbat Gem and is the propert of of The Cerbat Gem. If you are accessing this piece of content on another website, it was stolen and reposted in violation of international copyright and trademark legislation. The correct version of this piece of content can be read at https://www.thecerbatgem.com/2016/12/01/sse-plc-sse-rating-reiterated-by-bnp-paribas-2.html.

In other news, insider Katie Bickerstaffe bought 677 shares of the firm’s stock in a transaction that occurred on Wednesday, November 16th. The stock was acquired at an average cost of GBX 1,461 ($18.12) per share, with a total value of £9,890.97 ($12,270.15).

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.

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.