Sse Plc (SSE) Insider Alistair Phillips-Davies Purchases 8 Shares
Sse Plc (LON:SSE) insider Alistair Phillips-Davies purchased 8 shares of the firm’s stock in a transaction on Thursday, October 6th. The shares were purchased at an average cost of GBX 1,535 ($20.04) per share, with a total value of £122.80 ($160.29).
Shares of Sse Plc (LON:SSE) traded down 0.16% during midday trading on Friday, reaching GBX 1515.64. 2,560,940 shares of the company’s stock traded hands. The company’s market capitalization is GBX 15.23 billion. The stock’s 50 day moving average is GBX 1,535.76 and its 200-day moving average is GBX 1,528.15. Sse Plc has a 52 week low of GBX 1,317.00 and a 52 week high of GBX 1,644.00.
Several brokerages recently commented on SSE. Berenberg Bank reaffirmed a “hold” rating on shares of Sse Plc in a research report on Tuesday, June 14th. Deutsche Bank AG increased their price objective on shares of Sse Plc from GBX 1,400 ($18.27) to GBX 1,470 ($19.19) and gave the company a “hold” rating in a research report on Monday, September 12th. Jefferies Group decreased their price objective on shares of Sse Plc from GBX 1,600 ($20.89) to GBX 1,550 ($20.23) and set a “hold” rating for the company in a research report on Thursday, September 22nd. Societe Generale reaffirmed a “sell” rating and issued a GBX 1,320 ($17.23) price objective on shares of Sse Plc in a research report on Thursday, September 29th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Sse Plc from GBX 1,625 ($21.21) to GBX 1,600 ($20.89) and set a “neutral” rating for the company in a research report on Thursday, September 15th. Four investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have given a buy rating to the stock. Sse Plc has a consensus rating of “Hold” and an average price target of GBX 1,521.56 ($19.86).
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About Sse Plc
SSE plc is a United Kingdom-based company engaged in the generation, transmission, distribution and supply of electricity; in the production, storage, distribution and supply of gas, and in other energy-related services. The Company’s segments include Networks, which consists of electricity distribution, electricity transmission and gas distribution; Retail, which consists of energy supply, enterprise and energy-related services, and Wholesale, which consists of energy portfolio management and electricity generation, gas storage and gas production.
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