Sse Plc Stock Rating Reaffirmed by RBC Capital (SSE)
Sse Plc (LON:SSE)‘s stock had its “underperform” rating reaffirmed by research analysts at RBC Capital in a report released on Friday. They currently have a GBX 1,220 ($20.72) price target on the stock. RBC Capital’s price objective suggests a potential downside of 16.27% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Sse Plc in a research note on Thursday. They now have a GBX 1,340 ($22.75) price target on the stock. Separately, analysts at Raymond James reiterated an “underperform” rating on shares of Sse Plc in a research note on Friday, July 25th. They now have a GBX 1,270 ($21.57) price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated an “underperform” rating on shares of Sse Plc in a research note on Monday, July 21st. They now have a GBX 1,330 ($22.58) price target on the stock. Ten analysts have rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 1,453.50 ($24.68).
Shares of Sse Plc (LON:SSE) opened at 1437.00 on Friday. Sse Plc has a one year low of GBX 1297.00 and a one year high of GBX 1858.00. The stock has a 50-day moving average of GBX 1545. and a 200-day moving average of GBX 1478.. The company’s market cap is £13.963 billion.
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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