Sse Plc (SSE) Receives GBX 1,535.31 Average Target Price from Analysts

Shares of Sse Plc (LON:SSE) have been given an average rating of “Buy” by the fourteen ratings firms that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and nine have given a buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is GBX 1,535.31 ($21.53).

Several research analysts recently issued reports on the company. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 1,450 ($20.33) target price on shares of SSE in a research report on Thursday, February 1st. Morgan Stanley reaffirmed an “overweight” rating and set a GBX 1,670 ($23.42) target price on shares of SSE in a research report on Monday, January 22nd. Deutsche Bank reaffirmed a “sell” rating and set a GBX 1,300 ($18.23) target price on shares of SSE in a research report on Friday, November 3rd. Citigroup reaffirmed a “neutral” rating and set a GBX 1,388 ($19.46) target price on shares of SSE in a research report on Wednesday, November 8th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a GBX 1,550 ($21.73) target price on shares of SSE in a research report on Tuesday, November 28th.

Shares of SSE (SSE) traded down GBX 16 ($0.22) during trading hours on Tuesday, hitting GBX 1,189.50 ($16.68). The company had a trading volume of 4,815,091 shares, compared to its average volume of 3,770,000. The stock has a market capitalization of $12,070.00 and a PE ratio of 881.11. SSE has a one year low of GBX 1,182 ($16.57) and a one year high of GBX 1,554 ($21.79).

SSE (LON:SSE) last announced its earnings results on Wednesday, November 8th. The company reported GBX 31.20 ($0.44) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of GBX 30.30 ($0.42) by GBX 0.90 ($0.01). The company had revenue of GBX 1,218.41 billion for the quarter. SSE had a return on equity of 9.69% and a net margin of 2.93%.

COPYRIGHT VIOLATION NOTICE: “Sse Plc (SSE) Receives GBX 1,535.31 Average Target Price from Analysts” was reported by StockNewsTimes and is owned by of StockNewsTimes. If you are viewing this story on another publication, it was illegally copied and republished in violation of U.S. & international copyright & trademark law. The legal version of this story can be viewed at https://stocknewstimes.com/2018/02/11/sse-plc-sse-receives-gbx-1535-31-average-target-price-from-analysts.html.

SSE 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 (LON:SSE)

Receive News & Ratings for SSE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SSE and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply