Deutsche Bank reissued their sell rating on shares of SSE (LON:SSE) in a research note published on Friday. The brokerage currently has a GBX 1,250 ($16.95) target price on the stock.

Several other analysts also recently commented on the company. Macquarie reaffirmed an outperform rating and set a GBX 1,475 ($20.00) price objective on shares of SSE in a research note on Thursday, October 26th. JPMorgan Chase & Co. reiterated a neutral rating and set a GBX 1,540 ($20.88) target price on shares of SSE in a research report on Thursday, October 26th. Credit Suisse Group reiterated an outperform rating and set a GBX 1,500 ($20.34) target price on shares of SSE in a research report on Thursday, November 2nd. Morgan Stanley reiterated an overweight rating on shares of SSE in a research report on Tuesday, October 31st. Finally, Barclays reiterated an overweight rating and set a GBX 1,665 ($22.58) target price on shares of SSE in a research report on Wednesday, November 8th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and nine have given a buy rating to the stock. SSE currently has a consensus rating of Buy and a consensus target price of GBX 1,534.93 ($20.82).

SSE (LON:SSE) traded up GBX 3 ($0.04) on Friday, reaching GBX 1,321 ($17.91). The company’s stock had a trading volume of 9,432,667 shares, compared to its average volume of 3,310,000. The stock has a market cap of $13,400.00 and a P/E ratio of 978.52. SSE has a 12-month low of GBX 1,272.97 ($17.26) and a 12-month high of GBX 1,570 ($21.29).

SSE (LON:SSE) last posted its quarterly earnings data on Wednesday, November 8th. The company reported GBX 31.20 ($0.42) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of GBX 30.30 ($0.41) by GBX 0.90 ($0.01). The firm had revenue of GBX 1,218.41 billion during the quarter. SSE had a return on equity of 9.69% and a net margin of 2.93%.

The company also recently declared a dividend, which will be paid on Friday, March 16th. Investors of record on Thursday, January 18th will be issued a GBX 28.40 ($0.39) dividend. This represents a dividend yield of 2.09%. The ex-dividend date is Thursday, January 18th.

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About SSE

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 (LON:SSE)

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