SSE (LON:SSE) “Add” Rating Restated Today By AlphaValue; The PT Given is GBX 1533

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SSE (LON:SSE) Rating Reaffirmed

Research analysts at AlphaValue now has a GBX 1533 price target on SSE (LON:SSE). AlphaValue and their recent price target would indicate a potential upside of 4.07% from the company’s last close price. The rating has been revealed to investors in an analyst research report on 3 December.

From a total of 17 analysts covering SSE PLC (LON:SSE) stock, 8 rate it a ”Buy”, 6 a “Sell”, and 6 a ”Hold”. This means that 40% of the ratings are positive. The highest target price is GBX 1800 while the lowest target price is GBX 1225. The mean of all analyst targets is GBX 1522.41 with a 1.88% above today’s (GBX 1477.28) stock price. SSE PLC was the topic of 45 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. HSBC maintained shares on November 27 with “Hold” rating. Goldman Sachs maintained shares with “Conviction Sell” rating and GBX 1225 target share price in a report from a November 19. BNP Paribas maintained SSE stock in a recent report from November 26 with “Outperform” rating. Deutsche Bank maintained the rating on November 12. Deutsche Bank has a “Hold” rating and a GBX 1400 price target on shares. Finally, Bernstein maintained the stock with “Underperform” rating in a report issued on a November 23.

Approximately 414,538 shares of stock traded hands. SSE PLC (LON:SSE) has declined 5.62% since May 6, 2015 and is downtrending. It has underperformed by 5.33% the S&P500.

SSE (LON:SSE)

SSE plc is a United Kingdom-based company engaged in the generation, transmission, distribution and supply of electricity; in the production, storage, distribution and supply of gas, and in other energy-related services. The company has a market cap of 14.86 billion GBP. The Company’s divisions 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. It has 30.22 P/E ratio.

According to Zacks Investment Research, “Seventy Seven Energy Inc. is an oilfield services company. It is involved in drilling, hydraulic fracturing, rig relocation as well as other related services. The Company’s provides a range of well site services and equipment to the United States land-based exploration and production customers operating in unconventional resource plays. Seventy Seven Energy Inc. is based in United States.” Get a free copy of the Zacks research report on SSE PLC (SSE).

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