Deutsche Bank AG reaffirmed their sell rating on shares of Sse Plc (LON:SSE) in a research note published on Friday morning, Marketbeat Ratings reports. The brokerage currently has a GBX 1,300 ($17.15) target price on the stock.
SSE has been the topic of a number of other research reports. Morgan Stanley decreased their price objective on shares of Sse Plc from GBX 1,725 ($22.76) to GBX 1,700 ($22.43) and set an overweight rating on the stock in a report on Monday, August 7th. Credit Suisse Group reissued an outperform rating and set a GBX 1,500 ($19.79) price objective on shares of Sse Plc in a report on Thursday. Macquarie reissued an outperform rating and set a GBX 1,475 ($19.46) price objective on shares of Sse Plc in a report on Thursday, October 26th. BNP Paribas restated an outperform rating and set a GBX 1,700 ($22.43) target price on shares of Sse Plc in a research report on Friday, July 21st. Finally, HSBC Holdings plc cut their target price on shares of Sse Plc from GBX 1,590 ($20.98) to GBX 1,530 ($20.19) and set a buy rating on the stock in a research report on Thursday, October 5th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company. Sse Plc currently has an average rating of Buy and a consensus target price of GBX 1,532.86 ($20.23).
Shares of Sse Plc (SSE) opened at GBX 1,369 ($18.07) on Friday. Sse Plc has a fifty-two week low of GBX 1,341 ($17.70) and a fifty-two week high of GBX 1,597 ($21.07).
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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