SSE (LON:SSE) Price Target Raised to GBX 2,350

SSE (LON:SSE) had its price objective hoisted by Deutsche Bank Aktiengesellschaft from GBX 2,000 to GBX 2,350 in a report issued on Friday morning, MarketBeat reports. They currently have a buy rating on the stock.

SSE has been the subject of several other research reports. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 2,425 price target on shares of SSE in a research report on Tuesday, November 4th. Barclays restated an “overweight” rating and set a GBX 2,500 price target on shares of SSE in a research report on Thursday, October 16th. UBS Group reaffirmed a “buy” rating and issued a GBX 2,200 price objective on shares of SSE in a report on Friday, November 7th. Royal Bank Of Canada lifted their target price on SSE from GBX 2,200 to GBX 2,475 and gave the stock an “outperform” rating in a report on Friday. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 2,230 target price on shares of SSE in a report on Thursday, October 23rd. Six investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of GBX 2,311.

SSE Price Performance

LON:SSE opened at GBX 2,227 on Friday. The company has a debt-to-equity ratio of 82.62, a quick ratio of 0.50 and a current ratio of 1.10. The firm’s fifty day moving average is GBX 1,820.61 and its two-hundred day moving average is GBX 1,800.34. SSE has a one year low of GBX 1,446.89 and a one year high of GBX 2,307. The firm has a market cap of £24.52 billion, a price-to-earnings ratio of 20.60, a PEG ratio of 3.06 and a beta of 0.56.

SSE (LON:SSE) last announced its earnings results on Wednesday, November 12th. The company reported GBX 36.10 earnings per share for the quarter. SSE had a net margin of 16.36% and a return on equity of 17.83%. Research analysts expect that SSE will post 163.8865004 EPS for the current year.

SSE Company Profile

SSE is an integrated energy group focused on regulated electricity networks and renewable energy with flexible generation.
Our strategy is to create value for shareholders and society in a sustainable way by developing, building, operating and investing in the electricity infrastructure and businesses needed in the transition to net zero.