Sse Plc (SSE) Stock Price Up 2%
Sse Plc (LON:SSE) shares traded up 2% on Monday . The company traded as high as GBX 1,425 ($18.90) and last traded at GBX 1,425 ($18.90). 3,072,250 shares changed hands during trading, a decline of 1% from the average session volume of 3,117,430 shares. The stock had previously closed at GBX 1,397 ($18.53).
Several research firms have issued reports on SSE. Deutsche Bank AG reiterated a “sell” rating and issued a GBX 1,300 ($17.24) price objective on shares of Sse Plc in a research report on Friday, August 18th. Credit Suisse Group upgraded shares of Sse Plc to an “outperform” rating and set a GBX 1,500 ($19.90) price target for the company in a report on Monday, August 14th. Royal Bank Of Canada decreased their price objective on shares of Sse Plc from GBX 1,750 ($23.21) to GBX 1,550 ($20.56) and set an “outperform” rating on the stock in a report on Monday, July 31st. Barclays PLC boosted their price objective on shares of Sse Plc from GBX 1,595 ($21.16) to GBX 1,685 ($22.35) and gave the stock an “overweight” rating in a report on Monday, June 12th. Finally, Morgan Stanley dropped their target price on shares of Sse Plc from GBX 1,725 ($22.88) to GBX 1,700 ($22.55) and set an “overweight” rating for the company in a report on Monday, August 7th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and eight have issued a buy rating to the company. Sse Plc has an average rating of “Hold” and a consensus price target of GBX 1,542 ($20.45).
The firm has a 50-day moving average price of GBX 1,419.64 and a 200 day moving average price of GBX 1,453.69. The firm’s market cap is GBX 14.43 billion.
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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.
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