Sse Plc (SSE) Rating Reiterated by BNP Paribas
Sse Plc (LON:SSE)‘s stock had its “outperform” rating restated by analysts at BNP Paribas in a report released on Tuesday. They currently have a GBX 1,700 ($21.09) target price on the stock. BNP Paribas’ price target would suggest a potential upside of 15.25% from the stock’s current price.
Other equities analysts also recently issued research reports about the stock. Credit Suisse Group AG reaffirmed a “neutral” rating and set a GBX 1,550 ($19.23) target price on shares of Sse Plc in a research note on Friday, August 26th. JPMorgan Chase & Co. decreased their target price on shares of Sse Plc from GBX 1,625 ($20.16) to GBX 1,600 ($19.85) and set a “neutral” rating for the company in a research note on Thursday, September 15th. Barclays PLC reaffirmed an “overweight” rating on shares of Sse Plc in a research note on Friday, August 19th. Deutsche Bank AG raised their target price on shares of Sse Plc from GBX 1,400 ($17.37) to GBX 1,470 ($18.24) and gave the company a “hold” rating in a research note on Monday, September 12th. Finally, Societe Generale reaffirmed a “sell” rating and set a GBX 1,320 ($16.38) target price on shares of Sse Plc in a research note on Tuesday, October 18th. Four analysts have rated the stock with a sell rating, ten have given a hold rating and five have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of GBX 1,542.38 ($19.13).
Sse Plc (LON:SSE) opened at 1475.00 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 has a 50-day moving average price of GBX 1,526.11 and a 200 day moving average price of GBX 1,534.90. The stock’s market cap is GBX 14.87 billion.
The firm also recently declared a dividend, which will be paid on Friday, March 17th. Stockholders of record on Thursday, January 19th will be paid a dividend of GBX 27.40 ($0.34) per share. This represents a dividend yield of 1.79%. The ex-dividend date of this dividend is Thursday, January 19th.
In other Sse Plc news, insider Katie Bickerstaffe purchased 677 shares of the company’s stock in a transaction dated Wednesday, November 16th. The shares were acquired at an average price of GBX 1,461 ($18.12) per share, for a total transaction of £9,890.97 ($12,270.15).
Sse Plc Company Profile
SSE plc is engaged in producing, distributing and supplying electricity and gas, as well as other energy-related services to homes and businesses in Great Britain and Ireland. 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.
Receive News & Ratings for Sse Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sse Plc and related companies with MarketBeat.com's FREE daily email newsletter.