Credit Suisse Reiterates “Outperform” Rating for Sse Plc (SSE)
Sse Plc (LON:SSE)‘s stock had its “outperform” rating reiterated by equities researchers at Credit Suisse in a research report issued on Friday. They currently have a GBX 1,600 ($26.84) price target on the stock. Credit Suisse’s target price suggests a potential upside of 9.14% from the company’s current price.
Shares of Sse Plc (LON:SSE) opened at 1493.00 on Friday. Sse Plc has a 52 week low of GBX 1297.00 and a 52 week high of GBX 1858.00. The stock has a 50-day moving average of GBX 1515. and a 200-day moving average of GBX 1487.. The company’s market cap is £14.507 billion.
A number of other firms have also recently commented on SSE. Analysts at Sanford C. Bernstein reiterated an “underperform” rating on shares of Sse Plc in a research note on Friday, August 8th. They now have a GBX 1,330 ($22.31) price target on the stock. Separately, 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 ($20.47) price target on the stock. Finally, 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 ($22.48) price target on the stock. Nine research analysts have rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of GBX 1,469.06 ($24.64).
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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