Sse Plc (LON:SSE)‘s stock had its “sell” rating reissued by stock analysts at Deutsche Bank AG in a research note issued on Sunday, StockTargetPrices.com reports. They currently have a GBX 1,300 ($16.84) price target on the stock. Deutsche Bank AG’s price target points to a potential downside of 11.80% from the stock’s current price.

SSE has been the subject of several other reports. Investec restated a “buy” rating and set a GBX 1,520 ($19.69) price objective on shares of Sse Plc in a research report on Thursday, May 18th. J P Morgan Chase & Co restated a “neutral” rating and set a GBX 1,540 ($19.95) price objective on shares of Sse Plc in a research report on Friday, March 31st. Barclays PLC boosted their price objective on shares of Sse Plc from GBX 1,595 ($20.66) to GBX 1,685 ($21.83) and gave the company an “overweight” rating in a research report on Monday, June 12th. Goldman Sachs Group, Inc. (The) restated a “neutral” rating and set a GBX 1,528 ($19.79) price objective on shares of Sse Plc in a research report on Tuesday, May 9th. Finally, Citigroup Inc. restated a “sell” rating and set a GBX 1,315 ($17.03) price objective on shares of Sse Plc in a research report on Tuesday, June 6th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and seven have assigned a buy rating to the stock. Sse Plc has a consensus rating of “Hold” and an average price target of GBX 1,547.31 ($20.04).

Sse Plc (LON:SSE) opened at 1474.00 on Friday. The stock has a 50 day moving average price of GBX 1,490.84 and a 200-day moving average price of GBX 1,500.46. The firm’s market capitalization is GBX 14.93 billion. Sse Plc has a one year low of GBX 1,378.00 and a one year high of GBX 1,644.00.

The business also recently declared a dividend, which will be paid on Friday, September 22nd. Stockholders of record on Thursday, July 27th will be issued a dividend of GBX 63.90 ($0.83) per share. The ex-dividend date of this dividend is Thursday, July 27th. This is an increase from Sse Plc’s previous dividend of $27.40. This represents a dividend yield of 4.4%.

ILLEGAL ACTIVITY WARNING: “Sse Plc (SSE) Stock Rating Reaffirmed by Deutsche Bank AG” was first reported by American Banking News and is the sole property of of American Banking News. If you are reading this story on another publication, it was illegally stolen and reposted in violation of U.S. and international trademark & copyright law. The correct version of this story can be viewed at https://www.americanbankingnews.com/2017/07/09/sse-plc-sse-stock-rating-reaffirmed-by-deutsche-bank-ag-2.html.

In other news, insider Gregor Alexander sold 15,418 shares of the company’s stock in a transaction on Monday, June 26th. The shares were sold at an average price of GBX 1,501 ($19.44), for a total transaction of £231,424.18 ($299,772.25). Insiders have bought 31 shares of company stock valued at $44,922 over the last quarter.

About Sse Plc

SSE plc is engaged in producing, distributing and supplying electricity and gas, as well as other energy-related services to homes and businesses in Great Britain and Ireland. 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.

Stock Target Prices

Analyst Recommendations for Sse Plc (LON:SSE)

Receive News & Ratings for Sse Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sse Plc and related companies with MarketBeat.com's FREE daily email newsletter.