A number of other analysts have also recently commented on SSE. Deutsche Bank AG reaffirmed a sell rating and set a GBX 1,300 ($17.24) target price on shares of Sse Plc in a report on Thursday, June 8th. Barclays PLC upped their target price on shares of Sse Plc from GBX 1,595 ($21.16) to GBX 1,685 ($22.35) and gave the company an overweight rating in a report on Monday, June 12th. HSBC Holdings plc reiterated a hold rating on shares of Sse Plc in a research report on Wednesday, June 14th. Goldman Sachs Group, Inc. (The) reiterated a neutral rating and issued a GBX 1,522 ($20.19) price target on shares of Sse Plc in a research report on Thursday, June 22nd. Finally, BNP Paribas reiterated an outperform rating and issued a GBX 1,700 ($22.55) price target on shares of Sse Plc in a research report on Friday, July 21st. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the stock. The company currently has an average rating of Hold and an average target price of GBX 1,536 ($20.37).
Sse Plc (LON:SSE) opened at 1377.00 on Thursday. The company’s market capitalization is GBX 13.94 billion. Sse Plc has a 12-month low of GBX 1,341.00 and a 12-month high of GBX 1,612.00. The company has a 50-day moving average of GBX 1,415.97 and a 200 day moving average of GBX 1,451.06.
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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