A number of other equities analysts have also weighed in on the stock. Berenberg Bank reaffirmed a hold rating on shares of Sse Plc in a research note on Tuesday, June 14th. BNP Paribas reaffirmed an outperform rating and issued a GBX 1,700 ($22.19) target price on shares of Sse Plc in a research note on Monday, June 27th. Credit Suisse Group AG reaffirmed a neutral rating and issued a GBX 1,450 ($18.93) target price on shares of Sse Plc in a research note on Thursday, June 23rd. HSBC reaffirmed a hold rating and issued a GBX 1,600 ($20.89) target price on shares of Sse Plc in a research note on Wednesday, June 8th. Finally, Citigroup Inc. raised shares of Sse Plc to a neutral rating in a research note on Wednesday, August 3rd. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have given a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of GBX 1,521.56 ($19.86).
Sse Plc (LON:SSE) opened at 1561.90 on Tuesday. Sse Plc has a 1-year low of GBX 1,317.00 and a 1-year high of GBX 1,644.00. The company’s market capitalization is GBX 15.69 billion. The stock has a 50 day moving average price of GBX 1,534.59 and a 200-day moving average price of GBX 1,525.27.
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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