Zacks: Sse Plc (SSEZY) Given $20.80 Consensus Price Target by Analysts

Sse Plc (NASDAQ:SSEZY) has received a consensus broker rating score of 1.67 (Buy) from the three analysts that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating and two have given a strong buy rating to the company. Sse Plc’s rating score has improved by 28.3% from three months ago as a result of a number of analysts’ upgrades and downgrades.

Analysts have set a 12 month consensus target price of $20.80 for the company, according to Zacks. Zacks has also given Sse Plc an industry rank of 126 out of 265 based on the ratings given to related companies.

Several equities analysts have recently weighed in on the company. Zacks Investment Research upgraded Sse Plc from a “hold” rating to a “buy” rating and set a $22.00 price objective for the company in a report on Wednesday, July 5th. Berenberg Bank upgraded Sse Plc from a “hold” rating to a “buy” rating in a report on Tuesday, April 11th.

Sse Plc (NASDAQ SSEZY) traded down 1.08% during trading on Friday, hitting $19.30. The company had a trading volume of 29,840 shares. The stock has a market capitalization of $19.55 billion and a PE ratio of 9.31. The stock has a 50-day moving average of $19.40 and a 200-day moving average of $19.10. Sse Plc has a one year low of $17.66 and a one year high of $21.62.

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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.

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