RBC Capital Upgrades Sse Plc to Sector Performer (SSE)
Sse Plc (LON:SSE) was upgraded by analysts at RBC Capital to a “sector performer” rating in a research report issued to clients and investors on Friday. The firm currently has a GBX 1,500 ($25.16) price objective on the stock. RBC Capital’s target price points to a potential upside of 1.21% from the company’s current price.
Shares of Sse Plc (LON:SSE) traded up 0.47% on Friday, hitting GBX 1489.00. 2,710,670 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 1513. and its 200-day moving average is GBX 1487.. The company’s market cap is £14.469 billion.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Sse Plc in a research note on Friday. They now have a GBX 1,600 ($26.84) price target on the stock. Separately, 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. 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 analysts have rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company. The stock presently 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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