Sse Plc Earns Outperform Rating from Macquarie (SSE)
Sse Plc (LON:SSE)‘s stock had its “outperform” rating reaffirmed by analysts at Macquarie in a research report issued to clients and investors on Thursday. They currently have a GBX 1,550 ($25.72) price objective on the stock. Macquarie’s price target suggests a potential upside of 4.17% from the stock’s previous close.
Sse Plc (LON:SSE) opened at 1499.05 on Thursday. 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 1490. and a 200-day moving average of GBX 1504.. The company’s market cap is £14.566 billion.
Several other analysts have also recently commented on the stock. Analysts at BNP Paribas reiterated a “neutral” rating on shares of Sse Plc in a research note on Tuesday. They now have a GBX 1,420 ($23.56) 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 Monday. They now have a GBX 1,330 ($22.07) price target on the stock. Finally, 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. Nine investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have issued a buy rating to the company’s stock. Sse Plc currently has an average rating of “Hold” and a consensus target price of GBX 1,475.18 ($24.48).
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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