Sse Plc Rating Reiterated by Sanford C. Bernstein (SSE)
Sse Plc (LON:SSE)‘s stock had its “underperform” rating restated by stock analysts at Sanford C. Bernstein in a report issued on Friday. They currently have a GBX 1,330 ($22.38) target price on the stock. Sanford C. Bernstein’s price target points to a potential downside of 8.65% from the company’s current price.
Sse Plc (LON:SSE) opened at 1459.00 on Friday. Sse Plc has a 1-year low of GBX 1297.00 and a 1-year high of GBX 1858.00. The stock has a 50-day moving average of GBX 1530. and a 200-day moving average of GBX 1482.31. The company’s market cap is £14.177 billion.
Several other analysts have also recently commented on the stock. Analysts at RBC Capital reiterated an “underperform” rating on shares of Sse Plc in a research note on Friday, August 1st. They now have a GBX 1,220 ($20.53) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Sse Plc in a research note on Thursday, July 31st. They now have a GBX 1,340 ($22.55) price target on the stock. Finally, 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 ($21.37) price target on the stock. Ten equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 1,453.50 ($24.46).
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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