Sse Plc (SSE) Stock Price Up 0.4%

Sse Plc (LON:SSE) rose 0.4% during mid-day trading on Thursday . The company traded as high as GBX 1,400 ($18.60) and last traded at GBX 1,392 ($18.50). Approximately 2,051,829 shares changed hands during mid-day trading, a decline of 43% from the average daily volume of 3,612,750 shares. The stock had previously closed at GBX 1,387 ($18.43).

SSE has been the topic of a number of research analyst reports. Deutsche Bank AG reissued a “sell” rating and issued a GBX 1,300 ($17.27) price target on shares of Sse Plc in a research note on Monday, July 24th. Morgan Stanley dropped their price target on shares of Sse Plc from GBX 1,725 ($22.92) to GBX 1,700 ($22.59) and set an “overweight” rating on the stock in a research note on Monday, August 7th. Credit Suisse Group reissued an “outperform” rating and issued a GBX 1,500 ($19.93) price target on shares of Sse Plc in a research note on Friday, September 22nd. HSBC Holdings plc dropped their price target on shares of Sse Plc from GBX 1,590 ($21.13) to GBX 1,530 ($20.33) and set a “buy” rating on the stock in a research note on Thursday, October 5th. Finally, BNP Paribas reissued an “outperform” rating and issued a GBX 1,700 ($22.59) price target on shares of Sse Plc in a research note on Friday, July 21st. One analyst has rated the stock with a sell rating, four have issued a hold rating and nine have issued a buy rating to the company. Sse Plc has a consensus rating of “Buy” and an average target price of GBX 1,551.43 ($20.61).

The stock has a 50 day moving average price of GBX 1,406.22 and a 200 day moving average price of GBX 1,443.80. The firm’s market cap is GBX 14.10 billion.

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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.

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