Jefferies International disclosed SSE PLC (LON:SSE), bumping down its price target to 1,550.00GBX earlier today
- Updated: September 21, 2016
Having a price of 1,537.50GBX, SSE PLC (LON:SSE) traded -1.04% lower on the day. With the last close up 0.17% 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 1,530.72GBX and a two hundred day average of 1,521.39GBX. Trade Volume was down over the average, with 1,600,176 shares of SSE changing hands under the typical 3,200,460
Reporting as potential upside of 0.01%, Jefferies International dropped the price target of SSE PLC (LON:SSE) to 1,550.00GBX
On Thursday September 15, 2016, JP Morgan Cazenove released a statement on SSE PLC (LON:SSE) dropped the target price from 1,625.00GBX to 1,600.00GBX that suggested an upside of 0.05%.
Recent Performance Chart
SSE PLC has PE ratio of 33.13 with a one year low of 1,317.00GBX and a one year high of 1,644.00GBX and has a market capitalization of 0 GBX.
A total of 17 brokerages have issued a ratings update on the company. 0 brokerages rating the stock a strong buy, 8 brokerages rating the stock a buy, seven analysts rating the company a hold, two analysts rating the company a underperform, and finally two analysts rating the company a sell with a one year target of 1,526.76GBX.
More 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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