JPMorgan Chase Reaffirms Outperform Rating for SSE (SSE)

JPMorgan Chase reiterated their outperform rating on shares of SSE (LON:SSE) in a research note published on Monday, April 9th. JPMorgan Chase currently has a GBX 1,500 ($20.92) price objective on the stock.

SSE has been the topic of a number of other research reports. Credit Suisse Group reissued a restricted rating on shares of SSE in a report on Wednesday, January 3rd. Deutsche Bank restated a sell rating and issued a GBX 1,250 ($17.43) price objective on shares of SSE in a research report on Friday, January 12th. Finally, Morgan Stanley reduced their price objective on shares of SSE from GBX 1,670 ($23.29) to GBX 1,500 ($20.92) and set an overweight rating for the company in a research report on Tuesday, March 27th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The company has an average rating of Buy and a consensus price target of GBX 1,517.07 ($21.16).

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LON:SSE opened at GBX 1,330.50 ($18.56) on Monday. SSE has a 12 month low of GBX 1,176.50 ($16.41) and a 12 month high of GBX 1,554 ($21.67).

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About SSE

SSE plc produces, generates, distributes, and supplies electricity and gas, as well as other energy-related services in the United Kingdom and Ireland. It operates through three segments: Wholesale, Networks, and Retail. The company generates electricity from gas, oil, coal, water, and wind. Its electricity networks transmit and distribute electricity to approximately 3.7 million businesses, offices, and homes through approximately 130,000 kilometers of overhead lines and underground cables; and gas networks distribute gas to approximately 5.7 million homes, offices, and businesses through 75,000 kilometers of gas mains.

Analyst Recommendations for SSE (LON:SSE)

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