Sse Plc (LON:SSE) has been assigned an average rating of “Hold” from the sixteen research firms that are currently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is GBX 1,537.33 ($19.96).

A number of equities research analysts have issued reports on the company. Deutsche Bank AG reissued a “sell” rating and set a GBX 1,300 ($16.88) price target on shares of Sse Plc in a research report on Friday, June 23rd. Investec reissued a “buy” rating and set a GBX 1,520 ($19.73) price target on shares of Sse Plc in a research report on Thursday, May 18th. Morgan Stanley lowered their price target on Sse Plc from GBX 1,725 ($22.39) to GBX 1,700 ($22.07) and set an “overweight” rating for the company in a research report on Monday, August 7th. Barclays PLC boosted their price target on Sse Plc from GBX 1,595 ($20.71) to GBX 1,685 ($21.87) and gave the company an “overweight” rating in a research report on Monday, June 12th. Finally, Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and set a GBX 1,528 ($19.84) price target on shares of Sse Plc in a research report on Tuesday, May 9th.

In related news, insider Gregor Alexander sold 15,418 shares of the business’s stock in a transaction dated Monday, June 26th. The stock was sold at an average price of GBX 1,501 ($19.49), for a total value of £231,424.18 ($300,433.83). In the last quarter, insiders purchased 31 shares of company stock worth $44,942.

Sse Plc (LON:SSE) opened at 1408.00 on Tuesday. The company’s 50-day moving average price is GBX 1,441.89 and its 200 day moving average price is GBX 1,478.21. The firm’s market cap is GBX 14.26 billion. Sse Plc has a 1-year low of GBX 1,373.00 and a 1-year high of GBX 1,612.00.

The firm also recently declared a dividend, which will be paid on Friday, September 22nd. Investors of record on Thursday, July 27th will be paid a GBX 63.90 ($0.83) dividend. This is a boost from Sse Plc’s previous dividend of $27.40. The ex-dividend date is Thursday, July 27th. This represents a dividend yield of 4.4%.

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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.

Analyst Recommendations for Sse Plc (LON:SSE)

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