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 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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