SSE plc’s (SSE) Outperform Rating Reaffirmed at Credit Suisse Group

SSE plc (LON:SSE)‘s stock had its “outperform” rating reiterated by analysts at Credit Suisse Group in a report released on Thursday, November 2nd, MarketBeat.com reports. They currently have a GBX 1,500 ($19.73) price objective on the stock. Credit Suisse Group’s target price points to a potential upside of 11.77% from the stock’s current price.

SSE has been the topic of a number of other research reports. Deutsche Bank AG restated a “sell” rating and set a GBX 1,300 ($17.10) price target on shares of SSE plc in a research report on Friday, August 25th. Morgan Stanley decreased their price objective on SSE plc from GBX 1,725 ($22.69) to GBX 1,700 ($22.36) and set an “overweight” rating on the stock in a report on Monday, August 7th. Macquarie reiterated an “outperform” rating and issued a GBX 1,475 ($19.40) 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 ($22.36) price target on shares of SSE plc in a report on Friday, July 21st. Finally, cut their price objective on SSE plc from GBX 1,590 ($20.91) to GBX 1,530 ($20.12) and set a “buy” rating on the stock in a research report on Thursday, October 5th. One analyst has rated the stock with a sell rating, three have issued a hold rating and nine have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of GBX 1,552.86 ($20.42).

SSE plc (LON SSE) traded up GBX 11 ($0.14) during trading on Thursday, hitting GBX 1,342 ($17.65). The stock had a trading volume of 3,575,565 shares, compared to its average volume of 3,460,000. SSE plc has a 52-week low of GBX 1,335 ($17.56) and a 52-week high of GBX 1,578 ($20.75).

SSE plc (LON:SSE) last posted its quarterly earnings data on Wednesday, November 8th. The company reported GBX 31.20 ($0.41) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of GBX 30.30 ($0.40) by GBX 0.90 ($0.01). SSE plc had a return on equity of 40.09% and a net margin of 6.57%. The company had revenue of GBX 1,218.41 billion during the quarter.

ILLEGAL ACTIVITY WARNING: “SSE plc’s (SSE) Outperform Rating Reaffirmed at Credit Suisse Group” was originally published by BBNS and is owned by of BBNS. If you are viewing this piece of content on another site, it was illegally stolen and republished in violation of United States and international trademark & copyright legislation. The original version of this piece of content can be read at https://baseballnewssource.com/markets/sse-plc-sse-receives-outperform-rating-from-credit-suisse-group/1750144.html.

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.

Analyst Recommendations for SSE plc (LON:SSE)

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 our FREE daily email newsletter.

 


Latest News

Yankees and Marlins Continue Stanton Trade Talks
Yankees and Marlins Continue Stanton Trade Talks
Marlins Making Moves, Trade Dee Gordon to Seattle
Marlins Making Moves, Trade Dee Gordon to Seattle
Report: Astros Dallas Keuchel Pitched With Injured Foot
Report: Astros Dallas Keuchel Pitched With Injured Foot
Angels Sign Former Prospect with Braves Kevin Maitan
Angels Sign Former Prospect with Braves Kevin Maitan
Shohei Ohtani Has Turned Down Red Sox and Yankees
Shohei Ohtani Has Turned Down Red Sox and Yankees
Free Agency Season Has Finally Heated Up
Free Agency Season Has Finally Heated Up


Leave a Reply

 
© 2006-2017 BBNS.