Sse Plc (LON:SSE) had its price target cut by Jefferies Group from GBX 1,600 ($20.89) to GBX 1,550 ($20.23) in a research note issued to investors on Thursday morning. They currently have a hold rating on the stock.
Several other equities research analysts have also issued reports on SSE. Barclays PLC reissued an overweight rating and set a GBX 1,675 ($21.86) price target on shares of Sse Plc in a research report on Monday, July 11th. HSBC reissued a hold rating and set a GBX 1,600 ($20.89) price target on shares of Sse Plc in a research report on Wednesday, June 8th. Credit Suisse Group AG reissued a neutral rating and set a GBX 1,550 ($20.23) price target on shares of Sse Plc in a research report on Friday, August 26th. BNP Paribas reissued an outperform rating and set a GBX 1,700 ($22.19) price target on shares of Sse Plc in a research report on Wednesday, July 27th. Finally, Macquarie reissued an outperform rating and set a GBX 1,560 ($20.36) price target on shares of Sse Plc in a research report on Monday, June 13th. Four investment analysts have rated the stock with a sell rating, twelve have given a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus price target of GBX 1,521.56 ($19.86).
Shares of Sse Plc (LON:SSE) opened at 1539.00 on Thursday. The firm’s 50 day moving average is GBX 1,532.22 and its 200 day moving average is GBX 1,524.04. Sse Plc has a 12 month low of GBX 1,317.00 and a 12 month high of GBX 1,644.00. The stock’s market capitalization is GBX 15.46 billion.
About Sse Plc
SSE plc is a United Kingdom-based company engaged in the generation, transmission, distribution and supply of electricity; in the production, storage, distribution and supply of gas, and in other energy-related services. 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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