Sse Plc (SSE) Given New GBX 1,550 Price Target at H2O Markets

Sse Plc (LON:SSE) had its price target decreased by H2O Markets from GBX 1,600 ($20.89) to GBX 1,550 ($20.23) in a research report released on Thursday. H2O Markets currently has a hold rating on the stock.

Several other equities analysts have also recently weighed in on SSE. JPMorgan Chase & Co. lowered their price objective on shares of Sse Plc from GBX 1,625 ($21.21) to GBX 1,600 ($20.89) and set a neutral rating on the stock in a research report on Thursday, September 15th. Goldman Sachs Group Inc. reiterated a neutral rating and set a GBX 1,603 ($20.92) price objective on shares of Sse Plc in a research report on Wednesday, September 7th. Societe Generale reiterated a sell rating and set a GBX 1,320 ($17.23) price objective on shares of Sse Plc in a research report on Tuesday, May 31st. BNP Paribas restated an outperform rating and set a GBX 1,700 ($22.19) price target on shares of Sse Plc in a report on Wednesday, July 27th. Finally, Berenberg Bank restated a hold rating on shares of Sse Plc in a report on Tuesday, June 14th. Four analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of Hold and an average price target of GBX 1,521.56 ($19.86).

Sse Plc (LON:SSE) opened at 1536.00 on Thursday. Sse Plc has a 52-week low of GBX 1,317.00 and a 52-week high of GBX 1,644.00. The stock’s market capitalization is GBX 15.43 billion. The firm has a 50-day moving average price of GBX 1,531.81 and a 200 day moving average price of GBX 1,521.61.

Sse Plc Company Profile

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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