Shares of Sse Plc (LON:SSE) were up 0% during mid-day trading on Wednesday . The company traded as high as GBX 1,335 ($17.56) and last traded at GBX 1,355 ($17.82). Approximately 4,502,991 shares traded hands during mid-day trading, an increase of 31% from the average daily volume of 3,450,000 shares. The stock had previously closed at GBX 1,355 ($17.82).

A number of analysts have issued reports on SSE shares. Credit Suisse Group reaffirmed an “outperform” rating and issued a GBX 1,500 ($19.73) target price on shares of Sse Plc in a research note on Thursday, November 2nd. Deutsche Bank AG reiterated a “sell” rating and set a GBX 1,300 ($17.10) price target on shares of Sse Plc in a report on Monday, July 24th. Morgan Stanley lowered their price target on Sse Plc from GBX 1,725 ($22.69) to GBX 1,700 ($22.36) and set an “overweight” rating for the company in a report on Monday, August 7th. J P Morgan Chase & Co restated a “neutral” rating and set a GBX 1,540 ($20.26) target price on shares of Sse Plc in a report on Thursday, October 26th. Finally, lowered their target price on Sse Plc from GBX 1,590 ($20.91) to GBX 1,530 ($20.12) and set a “buy” rating for the company in a report on Thursday, October 5th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the company’s stock. Sse Plc presently has a consensus rating of “Buy” and an average target price of GBX 1,531.43 ($20.14).

Sse Plc (LON:SSE) last announced its quarterly earnings results on Wednesday, November 8th. The company reported GBX 31.20 ($0.41) earnings per share for the quarter, topping analysts’ consensus estimates of GBX 30.30 ($0.40) by GBX 0.90 ($0.01). Sse Plc had a return on equity of 40.09% and a net margin of 6.57%. The business had revenue of GBX 1,218.41 billion for the quarter.

The business also recently disclosed a dividend, which will be paid on Friday, March 16th. Stockholders of record on Thursday, January 18th will be paid a dividend of GBX 28.40 ($0.37) per share. This represents a dividend yield of 2.09%. The ex-dividend date of this dividend is Thursday, January 18th.

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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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