SSE (LON:SSE) Earns “Neutral” Rating from UBS Group

SSE (LON:SSE)‘s stock had its “neutral” rating reaffirmed by equities researchers at UBS Group in a research note issued on Friday, Marketbeat reports. They presently have a GBX 2,350 price target on the stock. UBS Group’s target price points to a potential upside of 1.74% from the stock’s previous close.

SSE has been the subject of a number of other reports. Deutsche Bank Aktiengesellschaft increased their target price on SSE from GBX 2,350 to GBX 2,500 and gave the stock a “buy” rating in a research note on Monday, January 19th. Royal Bank Of Canada lifted their target price on shares of SSE from GBX 2,200 to GBX 2,475 and gave the stock an “outperform” rating in a research report on Friday, November 14th. Citigroup downgraded SSE to a “sell” rating and set a GBX 1,997 price objective on the stock. in a research report on Friday, November 14th. Jefferies Financial Group restated a “buy” rating and set a GBX 2,230 target price on shares of SSE in a research report on Thursday, October 23rd. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 2,425 price objective on shares of SSE in a research note on Tuesday, November 4th. Five research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 2,353.86.

SSE Stock Down 0.8%

SSE stock opened at GBX 2,309.86 on Friday. The firm’s 50 day moving average price is GBX 2,211.16 and its 200-day moving average price is GBX 1,952.55. 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 has a market cap of £27.72 billion, a PE ratio of 26.58, a PEG ratio of 3.06 and a beta of 0.56. SSE has a one year low of GBX 1,446.89 and a one year high of GBX 2,383.

SSE (LON:SSE) last released its earnings results on Wednesday, November 12th. The company reported GBX 36.10 earnings per share (EPS) for the quarter. SSE had a return on equity of 17.83% and a net margin of 16.36%. On average, equities research analysts anticipate 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.