Sse Plc (SSE) Receives GBX 1,532.86 Average PT from Brokerages
Sse Plc (LON:SSE) has been assigned an average recommendation of “Buy” from the fourteen research firms that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and nine have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is GBX 1,520 ($20.06).
SSE has been the subject of several research analyst reports. HSBC Holdings plc decreased their price objective on Sse Plc from GBX 1,590 ($20.98) to GBX 1,530 ($20.19) and set a “buy” rating for the company in a report on Thursday, October 5th. Citigroup Inc raised Sse Plc to a “neutral” rating and set a GBX 1,388 ($18.32) price objective for the company in a report on Friday, July 28th. J P Morgan Chase & Co reissued a “neutral” rating and issued a GBX 1,540 ($20.32) price objective on shares of Sse Plc in a report on Thursday, October 26th. BNP Paribas reissued an “outperform” rating and issued a GBX 1,700 ($22.43) price objective on shares of Sse Plc in a report on Friday, July 21st. Finally, Credit Suisse Group reissued an “outperform” rating and issued a GBX 1,500 ($19.79) price objective on shares of Sse Plc in a report on Friday, September 22nd.
Sse Plc (LON SSE) traded up GBX 3 ($0.04) on Friday, hitting GBX 1,367 ($18.04). The company’s stock had a trading volume of 1,723,740 shares.
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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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