Sse Plc (LON:SSE) has received a consensus recommendation of “Buy” from the fourteen analysts that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and nine have given a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is GBX 1,535.31 ($21.53).
A number of equities analysts have commented on the company. JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 1,450 ($20.33) target price on shares of SSE in a research note on Thursday, February 1st. Morgan Stanley restated an “overweight” rating and issued a GBX 1,670 ($23.42) target price on shares of SSE in a research note on Monday, January 22nd. Deutsche Bank restated a “sell” rating and issued a GBX 1,300 ($18.23) target price on shares of SSE in a research note on Friday, November 3rd. Citigroup restated a “neutral” rating and issued a GBX 1,388 ($19.46) target price on shares of SSE in a research note on Wednesday, November 8th. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a GBX 1,550 ($21.73) price objective on shares of SSE in a research report on Tuesday, November 28th.
Shares of SSE (LON SSE) opened at GBX 1,216.50 ($17.06) on Tuesday. SSE has a fifty-two week low of GBX 1,254.47 ($17.59) and a fifty-two week high of GBX 1,554 ($21.79). The stock has a market cap of $12,570.00 and a price-to-earnings ratio of 901.11.
The company also recently announced a dividend, which will be paid on Friday, March 16th. Investors of record on Thursday, January 18th will be issued a dividend of GBX 28.40 ($0.40) per share. The ex-dividend date is Thursday, January 18th. This represents a yield of 2.09%.
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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.
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