SSE (SSE) Given “Hold” Rating at Deutsche Bank

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SSE (LON:SSE)‘s stock had its “hold” rating reiterated by equities research analysts at Deutsche Bank in a research note issued on Tuesday, ThisIsMoney.Co.Uk reports.

SSE has been the topic of a number of other research reports. Morgan Stanley began coverage on shares of SSE in a research note on Wednesday, April 17th. They issued an “equal weight” rating and a GBX 1,255 ($16.40) target price on the stock. Royal Bank of Canada dropped their price target on shares of SSE from GBX 1,250 ($16.33) to GBX 1,225 ($16.01) and set a “sector performer” rating on the stock in a research note on Wednesday, February 6th. Jefferies Financial Group dropped their price target on shares of SSE from GBX 1,500 ($19.60) to GBX 1,370 ($17.90) and set a “buy” rating on the stock in a research note on Tuesday, April 9th. UBS Group downgraded shares of SSE to a “neutral” rating and dropped their price target for the stock from GBX 1,400 ($18.29) to GBX 1,190 ($15.55) in a research note on Wednesday, January 16th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of SSE in a research note on Tuesday, February 12th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of GBX 1,269.09 ($16.58).

Shares of SSE stock opened at GBX 1,071.05 ($14.00) on Tuesday. SSE has a 52 week low of GBX 1,026.50 ($13.41) and a 52 week high of GBX 1,449.50 ($18.94). The company has a current ratio of 0.92, a quick ratio of 0.33 and a debt-to-equity ratio of 212.51. The firm has a market capitalization of $11.06 billion and a PE ratio of 47.18.

About SSE

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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