Thursday broker round-up

7th Nov 2019 13:28

(Sharecast News) - Associated British Foods: Goldman Sachs upgrades to buy with a target price of 2,750p.

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Berenberg lowers SSE to 'hold' as transition looks to be priced in

7th Nov 2019 10:34

(Sharecast News) - Analysts at Berenberg lowered their rating on energy company SSE from 'buy' to 'hold' on Thursday, stating the group's transition was now priced in.

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CMA to look into Ovo acquisition of SSE retail business

24th Oct 2019 12:41

(Sharecast News) - The Competition and Markets Authority said on Thursday that it will look into whether Ovo Energy's acquisition of SSE's retail arm will lessen competition.

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Tuesday broker round up

8th Oct 2019 13:28

(Sharecast News) - National Grid: Deutsche Bank upgrades to buy with a target price of 930p.

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SSE sells retail unit to Ovo for ?500m

13th Sep 2019 07:03

(Sharecast News) - SSE on Friday said it was selling its retail business to OVO Group for £500m comprising £400m cash and £100m in loan notes.

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Morgan Stanley upgrades SSE to 'overweight'

10th Sep 2019 15:03

(Sharecast News) - Morgan Stanley upgraded its view on SSE shares, arguing that the company's divestment of its Retail and Exploration and Production arms would simplify the business, raising the profile of its renewables operations and in turn resulting in a higher valuation multiple.

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SSE to close last-remaining UK coal plant

13th Jun 2019 13:43

(Sharecast News) - SSE has announced the closure of its last remaining and loss-making UK coal-fired plant, Fiddler's Ferry in Warrington, Cheshire.

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SSE adjusted FY profits slump; warns of tough 2019

22nd May 2019 07:07

(Sharecast News) - Adjusted pre-tax profits at energy provider SEE slumped 38% to £725.7m as the company warned current year results would be challenged by competition and opposition Labour Party renationalisation plans.

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Sunday share tips: City Pub Group, President Energy, SSE

28th Apr 2019 20:19

(Sharecast News) - This Sunday's share tips were City Pub Group and President Energy in the Mail on Sunday, with The Sunday Telegraph taking a look at SSE.

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Ofgem fines SSE ?700k for missing gas smart meter target

3rd Apr 2019 09:10

(Sharecast News) - Ofgem has fined SSE's domestic retail business £700,000 for missing its target to install gas smart meters for customers last year.

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FTSE 100 movers: NMC reinvigorated, Hikma hamstrung

2nd Apr 2019 14:37

(Sharecast News) - London's FTSE 100 index was 1.13% higher at 7,400.29 in afternoon trade on Tuesday, as it followed Wall Street's push higher with Middle East focused healthcare chain and distribution business NMC Health leading the way.

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London close: Stocks carve out gains despite stronger pound, Brexit uncertainty

1st Apr 2019 16:30

(Sharecast News) - London shares kicked-off the new quarter on the front foot, driven by gains from the mining sector on the back of improved Chinese economic data and more positive sounds from US-China trade talks.

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SSE wins regulator's approval for Shetland wind farm link

19th Mar 2019 08:15

(Sharecast News) - Energy regulator Ofgem has approved SSE's plans to build a new subsea electricity transmission link to connect wind farms in Shetland to mainland Scotland.

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Innogy pays price for turbulent year as earnings are blown off course

13th Mar 2019 11:44

(Sharecast News) - Low winds across Europe buffeted profits at Innogy last year, as the German owner of Npower warned that earnings in the current year would be "significantly" lower.

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SSE to pay over £0.7m after overstating feed-in tariff costs

27th Feb 2019 09:38

(Sharecast News) - SSE will pay more than £0.705m to the feed-in tariff levelisation fund and in redress, it was announced on Wednesday, after the energy supplier overstated to Ofgem the costs it incurred through making feed-in tariff payments to eligible low carbon generators.

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