Sse Plc (SSE) Rating Reiterated by Deutsche Bank AG
Sse Plc (LON:SSE)‘s stock had its “sell” rating reiterated by equities researchers at Deutsche Bank AG in a research report issued to clients and investors on Thursday. They presently have a GBX 1,300 ($17.24) price objective on the stock. Deutsche Bank AG’s price objective would indicate a potential downside of 5.18% from the company’s current price.
Several other analysts have also issued reports on SSE. Barclays PLC upped their target price on Sse Plc from GBX 1,595 ($21.16) to GBX 1,685 ($22.35) and gave the stock an “overweight” rating in a research note on Monday, June 12th. HSBC Holdings plc reaffirmed a “hold” rating on shares of Sse Plc in a research note on Wednesday, June 14th. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and issued a GBX 1,522 ($20.19) target price on shares of Sse Plc in a research note on Thursday, June 22nd. BNP Paribas reaffirmed an “outperform” rating and issued a GBX 1,700 ($22.55) target price on shares of Sse Plc in a research note on Friday, July 21st. Finally, Citigroup Inc. raised Sse Plc to a “neutral” rating and set a GBX 1,388 ($18.41) price objective for the company in a research note on Friday, July 28th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the stock. Sse Plc presently has an average rating of “Hold” and a consensus price target of GBX 1,536 ($20.37).
Sse Plc (LON:SSE) opened at 1371.00 on Thursday. Sse Plc has a one year low of GBX 1,341.00 and a one year high of GBX 1,612.00. The company has a 50-day moving average of GBX 1,415.97 and a 200-day moving average of GBX 1,451.06. The company’s market cap is GBX 13.88 billion.
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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.
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