Sse Plc Receives “Underperform” Rating from Sanford C. Bernstein (SSE)
Sse Plc (LON:SSE)‘s stock had its “underperform” rating reaffirmed by research analysts at Sanford C. Bernstein in a report released on Monday. They currently have a GBX 1,330 ($22.07) price target on the stock. Sanford C. Bernstein’s target price points to a potential downside of 12.38% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at RBC Capital reiterated a “sector performer” rating on shares of Sse Plc in a research note on Tuesday, August 26th. They now have a GBX 1,500 ($24.89) price target on the stock. Separately, analysts at Berenberg Bank raised their price target on shares of Sse Plc from GBX 1,320 ($21.91) to GBX 1,530 ($25.39) in a research note on Tuesday, August 19th. They now have a “hold” rating on the stock. Nine analysts have rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the stock. Sse Plc has a consensus rating of “Hold” and a consensus target price of GBX 1,475.18 ($24.48).
Shares of Sse Plc (LON:SSE) opened at 1522.00 on Monday. Sse Plc has a 52 week low of GBX 1297.00 and a 52 week high of GBX 1858.00. The stock’s 50-day moving average is GBX 1493. and its 200-day moving average is GBX 1499.. The company’s market cap is £14.789 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.