Deutsche Bank AG reaffirmed their sell rating on shares of Sse Plc (LON:SSE) in a research note published on Thursday morning. Deutsche Bank AG currently has a GBX 1,300 ($17.10) target price on the stock.

SSE has been the subject of a number of other reports. Morgan Stanley dropped their price target on shares of Sse Plc from GBX 1,725 ($22.69) to GBX 1,700 ($22.36) and set an overweight rating for the company in a research report on Monday, August 7th. Citigroup Inc. reiterated a neutral rating and issued a GBX 1,388 ($18.26) price target on shares of Sse Plc in a research report on Wednesday. J P Morgan Chase & Co reiterated a neutral rating and issued a GBX 1,540 ($20.26) price target on shares of Sse Plc in a research report on Wednesday. Barclays PLC reiterated an overweight rating and issued a GBX 1,665 ($21.90) price target on shares of Sse Plc in a research report on Wednesday. Finally, Credit Suisse Group reiterated an outperform rating and issued a GBX 1,500 ($19.73) price target on shares of Sse Plc in a research report on Thursday, November 2nd. One analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the company. Sse Plc currently has an average rating of Buy and an average price target of GBX 1,531.43 ($20.14).

Shares of Sse Plc (LON:SSE) traded down GBX 34 ($0.45) during mid-day trading on Thursday, reaching GBX 1,360 ($17.89). 6,319,900 shares of the company’s stock traded hands, compared to its average volume of 3,330,000. Sse Plc has a 1 year low of GBX 1,341 ($17.64) and a 1 year high of GBX 1,578 ($20.75).

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

WARNING: “Sse Plc (SSE) Receives “Sell” Rating from Deutsche Bank AG” was posted by Watch List News and is owned by of Watch List News. If you are accessing this article on another domain, it was illegally copied and republished in violation of international trademark & copyright law. The legal version of this article can be accessed at https://www.watchlistnews.com/sse-plc-sse-receives-sell-rating-from-deutsche-bank-ag/1696369.html.

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

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.

Analyst Recommendations for Sse Plc (LON:SSE)

Receive News & Ratings for Sse Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sse Plc and related companies with Analyst Ratings Network's FREE daily email newsletter.