Sse Plc Rating Reiterated by RBC Capital (SSE)
Sse Plc (LON:SSE)‘s stock had its “underperform” rating reiterated by equities researchers at RBC Capital in a research report issued on Friday. They currently have a GBX 1,220 ($20.76) price objective on the stock. RBC Capital’s price objective would suggest a potential downside of 22.19% from the company’s current price.
SSE has been the subject of a number of other recent research reports. Analysts at Investec reiterated a “buy” rating on shares of Sse Plc in a research note on Friday. They now have a GBX 1,680 ($28.59) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “sell” rating on shares of Sse Plc in a research note on Tuesday. They now have a GBX 1,270 ($21.61) price target on the stock. Finally, analysts at Goldman Sachs raised their price target on shares of Sse Plc from GBX 1,355 ($23.06) to GBX 1,415 ($24.08) in a research note on Tuesday. They now have a “sell” rating on the stock. Ten research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 1,448.50 ($24.65).
Sse Plc (LON:SSE) traded down 0.13% on Friday, hitting GBX 1566.00. 1,067,210 shares of the company’s stock traded hands. Sse Plc has a one year low of GBX 1297.00 and a one year high of GBX 1858.00. The stock’s 50-day moving average is GBX 1555. and its 200-day moving average is GBX 1446.. The company’s market cap is £15.217 billion.
The company also recently announced a dividend, which is scheduled for Friday, September 19th. Shareholders of record on Wednesday, July 23rd will be paid a dividend of GBX 60.70 ($1.03) per share. This represents a dividend yield of 3.9%. The ex-dividend date is Wednesday, July 23rd.
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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