SSE Receives “Buy” Rating from Liberum Capital (SSE)
SSE (LON:SSE)‘s stock had its “buy” rating restated by equities researchers at Liberum Capital in a research report issued on Friday, AnalystRatings.Net reports. They currently have a GBX 1,575 ($25.27) target price on the stock. Liberum Capital’s target price suggests a potential upside of 8.70% from the company’s current price.
Shares of SSE (LON:SSE) traded up 0.14% during mid-day trading on Friday, hitting GBX 1451.00. The stock had a trading volume of 1,159,575 shares. SSE has a 1-year low of GBX 1363.00 and a 1-year high of GBX 1690.00. The stock has a 50-day moving average of GBX 1563. and a 200-day moving average of GBX 1547.. The company’s market cap is £13.909 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital reiterated a “sector perform” rating on shares of SSE in a research note to investors on Thursday. They now have a GBX 1,740 ($27.92) price target on the stock. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of SSE in a research note to investors on Wednesday. They now have a GBX 1,800 ($28.88) price target on the stock. Finally, analysts at AlphaValue reiterated an “add” rating on shares of SSE in a research note to investors on Tuesday. They now have a GBX 1,608 ($25.80) price target on the stock. Six research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of GBX 1,519.65 ($24.38).
SSE plc, formerly Scottish and Southern Energy plc, is a holding company. The Company is involved in the generation, transmission, distribution and supply of electricity; the production, storage, distribution and supply of gas, and the provision of other energy-related services.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.