Sse Plc (SSE) PT Lowered to GBX 1,600 at JPMorgan Chase & Co.
Sse Plc (LON:SSE) had its target price reduced by JPMorgan Chase & Co. from GBX 1,625 ($21.21) to GBX 1,600 ($20.89) in a research note published on Thursday morning. JPMorgan Chase & Co. currently has a neutral rating on the stock.
A number of other research analysts have also commented on SSE. Goldman Sachs Group Inc. reaffirmed a neutral rating and issued a GBX 1,603 ($20.92) price objective on shares of Sse Plc in a report on Wednesday, September 7th. Societe Generale reiterated a sell rating and set a GBX 1,320 ($17.23) target price on shares of Sse Plc in a research report on Tuesday, May 31st. Berenberg Bank reiterated a hold rating on shares of Sse Plc in a research report on Tuesday, June 14th. BNP Paribas reiterated an outperform rating and set a GBX 1,700 ($22.19) target price on shares of Sse Plc in a research report on Wednesday, July 27th. Finally, Credit Suisse Group AG reiterated a neutral rating and set a GBX 1,450 ($18.93) target price on shares of Sse Plc in a research report on Wednesday, May 18th. Four analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have issued a buy rating to the company. Sse Plc currently has a consensus rating of Hold and a consensus price target of GBX 1,522.82 ($19.88).
Shares of Sse Plc (LON:SSE) opened at 1540.00 on Thursday. The firm’s market capitalization is GBX 15.47 billion. The company has a 50-day moving average price of GBX 1,530.35 and a 200-day moving average price of GBX 1,520.74. Sse Plc has a 12 month low of GBX 1,317.00 and a 12 month high of GBX 1,644.00.
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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