November 29, 2016 - By whatsonthorold
Exane BNP Paribas currently has a GBX 1700.00 target price on the 15.12 billion GBP market cap company or 13.94% upside potential. In a note revealed to clients on Tuesday, 29 November, Sse (LON:SSE) stock had its “Outperform” Rating maintained by analysts at Exane BNP Paribas.
Out of 22 analysts covering SSE PLC (LON:SSE), 6 rate it a “Buy”, 4 “Sell”, while 12 “Hold”. This means 27% are positive. GBX 1800 is the highest target while GBX 1150 is the lowest. The GBX 1534.89 average target is 2.99% above today’s (GBX 1490.32) stock price. SSE PLC has been the topic of 131 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The stock of SSE PLC (LON:SSE) earned “Hold” rating by Deutsche Bank on Friday, March 11. The rating was maintained by Citigroup on Tuesday, March 22 with “Sell”. The rating was maintained by JP Morgan with “Underweight” on Thursday, November 12. Bernstein maintained it with “Underperform” rating and GBX 1340 target price in Friday, October 23 report. The firm earned “Overweight” rating on Monday, July 11 by Barclays Capital. As per Monday, August 17, the company rating was maintained by Bernstein. On Thursday, November 19 the stock rating was maintained by Goldman Sachs with “Conviction Sell”. On Thursday, October 22 the stock rating was downgraded by Investec to “Hold”. The stock of SSE PLC (LON:SSE) has “Neutral” rating given on Monday, March 14 by Credit Suisse. Goldman Sachs maintained SSE PLC (LON:SSE) rating on Monday, November 14. Goldman Sachs has “Neutral” rating and GBX 1603 price target.
The stock decreased 0.31% or GBX 4.68 on November 29, hitting GBX 1490.32. About 4.30 million shares traded hands or 39.16% up from the average. SSE PLC (LON:SSE) has declined 0.99% since May 2, 2016 and is downtrending. It has underperformed by 6.25% the S&P500.
Insitutional Activity: The institutional sentiment decreased to 0 in 2016 Q2. Its down 0.06, from 0.06 in 2016Q1. The ratio worsened, as 94 funds sold all SSE PLC shares owned while 7 reduced positions. 5 funds bought stakes while 1 increased positions. They now own 512,125 shares or 97.82% less from 23.49 million shares in 2016Q1.
Vantage Investment Advsr Limited Liability owns 83 shares or 0% of their US portfolio. Pnc Finance Svcs reported 153 shares or 0% of all its holdings. Advisory Service Network Lc last reported 907 shares in the company. Iowa Bancorporation reported 500 shares or 0% of all its holdings. Dreman Value Management L L C holds 0% of its portfolio in SSE PLC (LON:SSE) for 250 shares. Next Fincl Gp last reported 0% of its portfolio in the stock. California Pub Employees Retirement Systems holds 106,500 shares or 0% of its portfolio. Oakworth Inc, a Alabama-based fund reported 7 shares. Frontier Investment Mngmt owns 38,808 shares or 0% of their US portfolio. Moreover, Reilly Fincl Advsrs Ltd Liability has 0% invested in SSE PLC (LON:SSE) for 35 shares. Thompson Davis has 255 shares for 0% of their US portfolio. Mycio Wealth Partners Limited owns 7 shares or 0% of their US portfolio. Kistler holds 0% or 14 shares in its portfolio. Markston Intl Lc last reported 475 shares in the company. Carroll Financial Associates has 0% invested in the company for 14 shares.
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 has a market cap of 15.12 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 a 20.2 P/E ratio. The Networks segment is engaged in the distribution of electricity to customer premises in the North of Scotland and the South of England.
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