Sse Plc (LON:SSE) shares shot up 0% during trading on Monday . The company traded as high as GBX 1,335.50 ($18.11) and last traded at GBX 1,330 ($18.04). 3,322,736 shares were traded during mid-day trading, an increase of 3% from the average session volume of 3,220,000 shares. The stock had previously closed at GBX 1,330 ($18.04).

A number of research analysts have issued reports on the company. Deutsche Bank reiterated a “sell” rating and issued a GBX 1,250 ($16.95) target price on shares of SSE in a research report on Friday, January 12th. Credit Suisse Group reiterated a “restricted” rating on shares of SSE in a research report on Wednesday, January 3rd. JPMorgan Chase & Co. decreased their target price on SSE from GBX 1,540 ($20.88) to GBX 1,450 ($19.66) and set a “neutral” rating on the stock in a research report on Thursday, December 7th. Citigroup reiterated a “neutral” rating and issued a GBX 1,327 ($18.00) target price on shares of SSE in a research report on Friday, December 1st. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a GBX 1,550 ($21.02) target price on shares of SSE in a research report on Tuesday, November 28th. One research analyst has rated the stock with a sell rating, three have given a hold rating and nine have assigned a buy rating to the stock. SSE currently has a consensus rating of “Buy” and a consensus target price of GBX 1,534.93 ($20.82).

The stock has a market capitalization of $13,460.00 and a P/E ratio of 982.22.

SSE (LON:SSE) last announced its quarterly earnings results on Wednesday, November 8th. The company reported GBX 31.20 ($0.42) EPS for the quarter, beating the Zacks’ consensus estimate of GBX 30.30 ($0.41) by GBX 0.90 ($0.01). SSE had a return on equity of 9.69% and a net margin of 2.93%. The firm had revenue of GBX 1,218.41 billion for the quarter.

The company also recently declared a dividend, which will be paid on Friday, March 16th. Stockholders of record on Thursday, January 18th will be paid a dividend of GBX 28.40 ($0.39) per share. This represents a dividend yield of 2.09%. The ex-dividend date is Thursday, January 18th.

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About SSE

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.

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