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Deutsche Bank announced SSE PLC (LON:SSE), upholding its stock price target at 1,300.00GBX today

In a report released on Thursday June 08, 2017 Deutsche Bank hold steady the stock price target of SSE PLC (LON:SSE) from 1,300.00GBX to 1,300.00GBX reporting a possible downside of -0.13%.

Previously on Tuesday June 06, 2017, Citigroup released a statement about SSE PLC (LON:SSE) increased the target price from 0.00GBX to 1,315.00GBX. At the time, this indicated a possible downside of -0.11%.

Just yesterday SSE PLC (LON:SSE) traded -1.21% lower at 1,500.00GBX. SSE PLC’s 50-day moving average is 1,408.84GBX and its 200-day moving average is 1,446.92GBX. The last stock price is up -3.86% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 2,586,347 shares of SSE traded hands, down from an average trading volume of 3,633,130

Recent Performance Chart

SSE PLC (LON:SSE)

SSE PLC has 52 week low of 1,341.00GBX and a 52 week high of 1,612.00GBX with a PE ratio of 8.79 and has a market capitalization of 0 GBX.

In addition to Deutsche Bank reporting its stock price target, a total of 17 brokerages have issued a ratings update on the company. The average stock price target is 1,526.76GBX with 0 brokerages rating the stock a strong buy, 8 brokerages rating the stock a buy, 7 brokerages rating the stock a hold, 2 brokerages rating the stock a underperform, and finally 2 brokerages rating the stock a sell.

Brief Synopsis On 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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