Sse Plc’s “Neutral” Rating Reiterated at BNP Paribas (SSE)
Sse Plc (LON:SSE)‘s stock had its “neutral” rating reissued by research analysts at BNP Paribas in a report released on Tuesday. They currently have a GBX 1,420 ($23.56) price target on the stock. BNP Paribas’ target price would suggest a potential downside of 6.52% from the stock’s previous close.
A number of other analysts have also recently weighed in on SSE. Analysts at Sanford C. Bernstein reiterated an “underperform” rating on shares of Sse Plc in a research note on Monday. They now have a GBX 1,330 ($22.07) price target on the stock. Separately, 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. Finally, 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 issued a hold rating and three have issued a buy rating to the company’s stock. Sse Plc currently has a consensus rating of “Hold” and an average target price of GBX 1,475.18 ($24.48).
Sse Plc (LON:SSE) opened at 1501.00 on Tuesday. 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 1491. and a 200-day moving average of GBX 1502.. The company’s market cap is £14.585 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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