SSE (LON:SSE)‘s stock had its “sector performer” rating reaffirmed by research analysts at RBC Capital in a report released on Thursday, Analyst Ratings.Net reports. They currently have a GBX 1,740 ($26.77) price target on the stock. RBC Capital’s price target would indicate a potential upside of 6.23% from the stock’s previous close.
SSE (LON:SSE) opened at 1583.00 on Thursday. SSE has a 1-year low of GBX 1309.00 and a 1-year high of GBX 1690.00. The stock’s 50-day moving average is currently GBX 1395.. The company’s market cap is £15.175 billion.
A number of other analysts have also recently weighed in on SSE. Analysts at Berenberg Bank reiterated a “hold” rating on shares of SSE in a research note to investors on Thursday, July 25th. They now have a GBX 1,570 ($24.15) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of SSE in a research note to investors on Friday, July 19th. They now have a GBX 1,220 ($18.77) price target on the stock. Finally, analysts at Barclays Capital reiterated an “overweight” rating on shares of SSE in a research note to investors on Tuesday, July 16th. They now have a GBX 1,810 ($27.84) price target on the stock.
Eight equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the company. SSE currently has a consensus rating of “Hold” and an average target price of GBX 1,485.67 ($22.85).
SSE plc, formerly Scottish and Southern Energy plc, is a holding company. The Company is involved in the generation, transmission, distribution and supply of electricity; the production, storage, distribution and supply of gas, and the provision of other energy-related services.