Credit Suisse Group Reaffirms Outperform Rating for Sse Plc (SSE)

Credit Suisse Group restated their outperform rating on shares of Sse Plc (LON:SSE) in a research report report published on Friday morning. They currently have a GBX 1,500 ($20.22) price objective on the stock.

Other research analysts also recently issued reports about the company. Berenberg Bank reiterated a buy rating and issued a GBX 1,650 ($22.25) price target on shares of Sse Plc in a report on Monday, June 5th. Deutsche Bank AG reissued a sell rating and issued a GBX 1,300 ($17.53) price objective on shares of Sse Plc in a research report on Sunday, July 9th. Citigroup Inc. reissued a sell rating and issued a GBX 1,315 ($17.73) price objective on shares of Sse Plc in a research report on Tuesday, June 6th. Goldman Sachs Group, Inc. (The) reissued a neutral rating and issued a GBX 1,522 ($20.52) price objective on shares of Sse Plc in a research report on Thursday, June 22nd. Finally, HSBC Holdings plc reissued a hold rating on shares of Sse Plc in a research report on Wednesday, June 14th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of GBX 1,542 ($20.79).

Shares of Sse Plc (LON SSE) opened at 1420.00 on Friday. Sse Plc has a 12-month low of GBX 1,373.00 and a 12-month high of GBX 1,612.00. The company’s market capitalization is GBX 14.38 billion. The firm has a 50-day moving average price of GBX 1,414.35 and a 200 day moving average price of GBX 1,460.65.

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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.

Analyst Recommendations for Sse Plc (LON:SSE)

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