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%.

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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)

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