SSE (SSE) Rating Reiterated by Citigroup

SSE (LON:SSE)‘s stock had its “neutral” rating reaffirmed by research analysts at Citigroup in a research report issued on Friday, December 1st, reports. They presently have a GBX 1,327 ($17.86) target price on the stock. Citigroup’s price target suggests a potential upside of 0.30% from the stock’s previous close.

SSE has been the subject of several other research reports. Credit Suisse Group reiterated an “outperform” rating and issued a GBX 1,500 ($20.19) price objective on shares of SSE in a research note on Thursday, November 2nd. Jefferies Group upgraded SSE to a “buy” rating and lifted their price objective for the company from GBX 1,400 ($18.84) to GBX 1,700 ($22.88) in a research note on Tuesday, November 21st. Morgan Stanley decreased their price objective on SSE from GBX 1,725 ($23.22) to GBX 1,700 ($22.88) and set an “overweight” rating for the company in a research note on Monday, August 7th. Deutsche Bank reissued a “sell” rating and set a GBX 1,300 ($17.50) target price on shares of SSE in a research report on Friday, August 25th. Finally, J P Morgan Chase & Co reissued a “neutral” rating and set a GBX 1,540 ($20.73) target price on shares of SSE in a research report on Thursday, October 26th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of GBX 1,534.93 ($20.66).

Shares of SSE (SSE) opened at GBX 1,323 ($17.81) on Friday. SSE has a 52 week low of GBX 1,309 ($17.62) and a 52 week high of GBX 1,578 ($21.24).

SSE (LON:SSE) last announced its earnings results on Wednesday, November 8th. The company reported GBX 31.20 ($0.42) EPS for the quarter, beating analysts’ consensus estimates of GBX 30.30 ($0.41) by GBX 0.90 ($0.01). SSE had a return on equity of 40.09% and a net margin of 6.57%. The company had revenue of GBX 1,218.41 billion during the quarter.

TRADEMARK VIOLATION WARNING: “SSE (SSE) Rating Reiterated by Citigroup” was posted by TrueBlueTribune and is the sole property of of TrueBlueTribune. If you are viewing this piece on another website, it was illegally copied and reposted in violation of United States and international copyright and trademark laws. The original version of this piece can be accessed at

About 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.

Analyst Recommendations for SSE (LON:SSE)

Receive News & Ratings for SSE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SSE and related companies with's FREE daily email newsletter.

Latest News

Leave a Reply