SSE Given New GBX 1,475 Price Target at UBS AG (SSE)
Equities researchers at UBS AG decreased their price target on shares of SSE (LON:SSE) from GBX 1,560 ($25.64) to GBX 1,475 ($24.24) in a research report issued on Tuesday, Analyst Ratings.Net reports. The firm currently has a “buy” rating on the stock. UBS AG’s price objective would suggest a potential upside of 10.99% from the company’s current price.
SSE has been the subject of a number of other recent research reports. Analysts at Raymond James reiterated an “underperform” rating on shares of SSE in a research note to investors on Friday, January 24th. They now have a GBX 1,270 ($20.87) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of SSE in a research note to investors on Friday, January 24th. Finally, analysts at RBC Capital downgraded shares of SSE to an “underperform” rating in a research note to investors on Monday, January 20th. They now have a GBX 1,220 ($20.05) price target on the stock. Eight research analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of GBX 1,478.05 ($24.29).
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.
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