Sse Plc (SSE) Price Target Cut to GBX 1,550 by Analysts at Jefferies Group
Sse Plc (LON:SSE) had its target price cut by Jefferies Group from GBX 1,600 ($20.89) to GBX 1,550 ($20.23) in a research report sent to investors on Thursday morning. They currently have a hold rating on the stock.
SSE has been the topic of a number of other reports. Berenberg Bank reissued a hold rating on shares of Sse Plc in a report on Tuesday, June 14th. Deutsche Bank AG increased their price target on shares of Sse Plc from GBX 1,400 ($18.27) to GBX 1,470 ($19.19) and gave the stock a hold rating in a report on Monday, September 12th. JPMorgan Chase & Co. lowered their price target 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 report on Thursday, September 15th. Barclays PLC reissued an overweight rating and issued a GBX 1,675 ($21.86) price target on shares of Sse Plc in a report on Friday, July 22nd. Finally, Credit Suisse Group AG reissued a neutral rating and issued a GBX 1,550 ($20.23) price target on shares of Sse Plc in a report on Wednesday, August 17th. Four research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of Hold and a consensus target price of GBX 1,521.56 ($19.86).
Shares of Sse Plc (LON:SSE) opened at 1533.747 on Thursday. The company’s market capitalization is GBX 15.41 billion. The firm’s 50-day moving average is GBX 1,531.81 and its 200-day moving average is GBX 1,521.61. Sse Plc has a 12-month low of GBX 1,317.00 and a 12-month high of GBX 1,644.00.
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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