Sse Plc (LON:SSE) Receives Average Recommendation of “Hold” from Analysts

Shares of Sse Plc (LON:SSE) have been given an average rating of “Hold” by the thirteen analysts that are currently covering the stock, Marketbeat Ratings reports. Seven investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is GBX 1,295.89 ($16.93).

A number of equities research analysts have commented on the company. Barclays restated an “equal weight” rating on shares of SSE in a research report on Thursday. Morgan Stanley restated an “overweight” rating on shares of SSE in a research report on Monday, November 11th. HSBC upgraded SSE to a “buy” rating and lifted their target price for the company from GBX 1,270 ($16.59) to GBX 1,480 ($19.34) in a research report on Tuesday, October 22nd. Deutsche Bank lifted their target price on SSE from GBX 1,150 ($15.03) to GBX 1,300 ($16.99) and gave the company a “hold” rating in a research report on Tuesday, October 8th. Finally, UBS Group restated a “neutral” rating on shares of SSE in a research report on Thursday.

LON:SSE opened at GBX 1,320.50 ($17.25) on Monday. SSE has a 52 week low of GBX 997.80 ($13.04) and a 52 week high of GBX 1,335 ($17.44). The company has a quick ratio of 0.37, a current ratio of 0.82 and a debt-to-equity ratio of 208.36. The company has a market capitalization of $13.55 billion and a P/E ratio of 10.74. The stock’s fifty day moving average is GBX 1,279.34 and its two-hundred day moving average is GBX 1,162.51.

The company also recently disclosed a dividend, which will be paid on Friday, March 13th. Investors of record on Thursday, January 16th will be issued a GBX 24 ($0.31) dividend. The ex-dividend date of this dividend is Thursday, January 16th. This represents a dividend yield of 1.82%. SSE’s dividend payout ratio is presently 0.75%.

SSE Company Profile

SSE plc engages in the generation, transmission, distribution, and supply of electricity. The company operates through three segments: Wholesale, Networks, and Retail. It generates electricity from gas, oil, coal, water, and wind. The company transmits and distributes electricity to approximately 3.7 million homes and businesses across the north of the central belt of Scotland and also central southern England; owns and maintains 132 kilovolts (KV), 275kV, and 400kV electricity transmission network; and manages 130,000 kilometers of overhead lines and underground cables, 106,000 substations, and approximately 100 subsea cables.

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Analyst Recommendations for SSE (LON:SSE)

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