Sse Plc (SSE) Given “Outperform” Rating at Credit Suisse Group
Credit Suisse Group reaffirmed their outperform rating on shares of Sse Plc (LON:SSE) in a research note issued to investors on Thursday morning. They currently have a GBX 1,500 ($19.79) price objective on the stock.
SSE has been the topic of a number of other reports. Deutsche Bank AG reaffirmed a sell rating and set a GBX 1,300 ($17.15) target price on shares of Sse Plc in a research report on Monday, July 24th. Morgan Stanley dropped their target price on Sse Plc from GBX 1,725 ($22.76) to GBX 1,700 ($22.43) and set an overweight rating on the stock in a research report on Monday, August 7th. J P Morgan Chase & Co reaffirmed a neutral rating and set a GBX 1,540 ($20.32) target price on shares of Sse Plc in a research report on Thursday, October 26th. HSBC Holdings plc dropped their target price on Sse Plc from GBX 1,590 ($20.98) to GBX 1,530 ($20.19) and set a buy rating on the stock in a research report on Thursday, October 5th. Finally, BNP Paribas reaffirmed an outperform rating and set a GBX 1,700 ($22.43) target price on shares of Sse Plc in a research report on Friday, July 21st. One research analyst has rated the stock with a sell rating, four have issued a hold rating and nine have issued a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus price target of GBX 1,532.86 ($20.23).
Shares of Sse Plc (LON SSE) traded up GBX 1.89 ($0.02) during midday trading on Thursday, hitting GBX 1,366.89 ($18.04). The stock had a trading volume of 1,720,000 shares, compared to its average volume of 2,970,000. Sse Plc has a twelve month low of GBX 1,341 ($17.70) and a twelve month high of GBX 1,597 ($21.07).
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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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