Martin Pibworth Buys 19 Shares of SSE (LON:SSE) Stock

SSE plc (LON:SSE) insider Martin Pibworth bought 19 shares of the business’s stock in a transaction that occurred on Friday, January 30th. The shares were bought at an average cost of GBX 2,423 per share, for a total transaction of £460.37.

Martin Pibworth also recently made the following trade(s):

• On Tuesday, January 6th, Martin Pibworth bought 1 shares of SSE stock. The shares were purchased at an average cost of GBX 2,307 per share, for a total transaction of GBX 2,307.
• On Thursday, November 6th, Martin Pibworth purchased 2 shares of SSE stock. The stock was bought at an average cost of GBX 1,915 per share, for a total transaction of GBX 3,830.

SSE Stock Performance

LON:SSE opened at GBX 2,422 on Friday. SSE plc has a 1 year low of GBX 1,446.89 and a 1 year high of GBX 2,443. The business has a fifty day simple moving average of GBX 2,229.09 and a two-hundred day simple moving average of GBX 1,971.60. The company has a market capitalization of £29.07 billion, a P/E ratio of 27.87, a P/E/G ratio of 3.06 and a beta of 0.56. The company has a debt-to-equity ratio of 82.62, a current ratio of 1.10 and a quick ratio of 0.50.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft raised their target price on shares of SSE from GBX 2,350 to GBX 2,500 and gave the stock a “buy” rating in a research note on Monday, January 19th. Citigroup raised their price target on SSE from GBX 1,997 to GBX 2,036 and gave the stock a “sell” rating in a research report on Monday, January 26th. UBS Group reiterated a “neutral” rating and issued a GBX 2,350 target price on shares of SSE in a research note on Friday, January 23rd. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 2,230 price objective on shares of SSE in a research note on Thursday, October 23rd. Finally, Royal Bank Of Canada boosted their target price on shares of SSE from GBX 2,200 to GBX 2,475 and gave the stock an “outperform” rating in a report on Friday, November 14th. Five equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of GBX 2,359.43.

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.