Sse Plc Given Hold Rating at Deutsche Bank (SSE)
Sse Plc (LON:SSE)‘s stock had its “hold” rating restated by equities research analysts at Deutsche Bank in a research note issued to investors on Monday. They currently have a GBX 1,340 ($22.82) target price on the stock. Deutsche Bank’s price target indicates a potential downside of 14.43% from the stock’s previous close.
A number of other analysts have also recently weighed in on SSE. Analysts at RBC Capital reiterated an “underperform” rating on shares of Sse Plc in a research note on Friday. They now have a GBX 1,220 ($20.78) price target on the stock. Separately, 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 ($28.62) price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “sell” rating on shares of Sse Plc in a research note on Tuesday, June 24th. They now have a GBX 1,270 ($21.63) price target on the stock. Ten equities research analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the stock. Sse Plc presently has a consensus rating of “Hold” and a consensus price target of GBX 1,448.50 ($24.67).
Shares of Sse Plc (LON:SSE) traded up 0.19% during mid-day trading on Monday, hitting GBX 1569.00. 489,390 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 1556. and its 200-day moving average is GBX 1446.. The company’s market cap is £15.246 billion.
The company also recently declared a dividend, which is scheduled for Friday, September 19th. Stockholders of record on Wednesday, July 23rd will be given a dividend of GBX 60.70 ($1.03) per share. This represents a yield of 3.9%. The ex-dividend date of this dividend 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.
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.