Sell SSE due to risk of political intervention - Deutsche Bank

Ahead of interim results from SSE next week, Deutsche Bank took a dim view of the shares due to the the market's concerns about further political intervention in the UK energy sector.

Deutsche reiterated its 'sell' rating on SSE and its 1,300p price target.

At results on 8 November analysts said: "We believe investors will continue to focus on the impact of the pending retail price cap and risk of more extensive political intervention in the UK energy sector."