A report released today by Societe Generale about SSE PLC (LON:SSE) keeps the target price at 1,320.00GBX
- Updated: October 18, 2016
Having a price of 1,566.50GBX, SSE PLC (LON:SSE) traded 1.89% higher on the day. With the last close up 2.30% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. SSE has recorded a 50-day average of 1,537.06GBX and a two hundred day average of 1,530.81GBX. Trading volume was down over the average, with 2,078,957 shares of SSE changing hands under the typical 2,833,200
In a report announced on 10/18/2016 Societe Generale hold steady the target of SSE PLC (LON:SSE) from 1,320.00GBX to 1,320.00GBX reporting a potential downside of -0.16%.
On 09/29/2016, Societe Generale released a statement on SSE PLC (LON:SSE) maintained the target price at 1,320.00GBX that suggested a downside of -0.17%.
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SSE PLC has a 52 week low of 1,317.00GBX and a 52 week high of 1,644.00GBX with a P/E ratio of 34.04 The company’s market cap is currently 0 GBX.
In addition to Societe Generale reporting its target price, a total of 17 brokers have issued a report on the stock. The consensus target price is 1,526.76GBX with 0 brokers rating the stock a strong buy, 8 brokers rating the stock a buy, 7 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 2 brokers rating the stock a sell.
General Information About SSE PLC (LON:SSE)
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. The Networks segment is engaged in the distribution of electricity to customer premises in the North of Scotland and the South of England. Its Retail segment supplies electricity and gas to residential and business customers in the United Kingdom and Ireland. The Wholesale segment is engaged in the generation of power from renewable and thermal plant in the United Kingdom, Ireland and Europe, and the procurement and optimization of power and gas and other commodity requirements.
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