SSE plc (LON:SSE) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of SSE plc (LON:SSE) have earned an average recommendation of “Moderate Buy” from the seven ratings firms that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating and six have assigned a buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is GBX 2,311.

SSE has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft increased their target price on SSE from GBX 2,000 to GBX 2,350 and gave the stock a “buy” rating in a research note on Friday, November 14th. Barclays reaffirmed an “overweight” rating and set a GBX 2,500 price objective on shares of SSE in a report on Thursday, October 16th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 2,230 target price on shares of SSE in a report on Thursday, October 23rd. Citigroup cut shares of SSE to a “sell” rating and set a GBX 1,997 price target on the stock. in a research note on Friday, November 14th. Finally, UBS Group reiterated a “buy” rating and issued a GBX 2,200 price objective on shares of SSE in a research note on Friday, November 7th.

SSE Stock Down 1.5%

SSE stock opened at GBX 2,150.32 on Tuesday. The stock has a market capitalization of £25.81 billion, a PE ratio of 24.74, a price-to-earnings-growth ratio of 3.06 and a beta of 0.56. The company has a fifty day moving average of GBX 1,984.85 and a 200-day moving average of GBX 1,853.96. The company has a debt-to-equity ratio of 82.62, a quick ratio of 0.50 and a current ratio of 1.10. SSE has a one year low of GBX 1,446.89 and a one year high of GBX 2,307.

SSE (LON:SSE) last posted its quarterly earnings results on Wednesday, November 12th. The company reported GBX 36.10 earnings per share (EPS) for the quarter. SSE had a net margin of 16.36% and a return on equity of 17.83%. As a group, 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.