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SSE PLC (LON:SSE) target price held steady at 1,300.00GBX, issued a report today by Deutsche Bank

SSE PLC (LON:SSE) had its target price hold steady to 1,300.00GBX by Deutsche Bank in a report released Thursday October 12, 2017. The new target price indicates a possible downside of -0.06% based on the company's last stock close price.

Previously on 10/06/2017, Deutsche Bank reported about SSE PLC (LON:SSE) held steady the target price at 1,300.00GBX. At the time, this indicated a possible downside of -0.06%.

Yesterday SSE PLC (LON:SSE) traded 1.02% higher at 1,380.00GBX. The company’s 50-day moving average is 1,410.92GBX and its 200-day moving average is 1,447.59GBX. The last stock close price is down -4.12% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 373,439 shares of the stock were exchanged, down from an average trading volume of 3,590,540

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SSE PLC has a 52 week low of 1,341.00GBX and a 52 week high of 1,612.00GBX with a P/E ratio of 8.77 The company’s market cap is currently 0 GBX.

Also covering SSE PLC's price target, a total of 17 equity analysts have released a research note on SSE. The one year target is 1,526.76GBX with 0 brokerages rating the stock a strong buy, 8 firms rating the stock a buy, 7 firms rating the stock a hold, 2 brokers rating the stock a underperform, and finally two equity analysts rating the company a sell.

Brief Synopsis 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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