SSE plc (LON:SSE – Get Free Report)’s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 2,470.30 and traded as low as GBX 2,434. SSE shares last traded at GBX 2,450.17, with a volume of 5,317,332 shares trading hands.
Analyst Ratings Changes
A number of analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 2,900 price target on shares of SSE in a research note on Friday, May 29th. JPMorgan Chase & Co. boosted their target price on shares of SSE from GBX 2,580 to GBX 2,925 and gave the company an “overweight” rating in a report on Wednesday, April 1st. Jefferies Financial Group restated a “buy” rating and set a GBX 3,060 target price on shares of SSE in a research report on Friday, May 29th. Finally, UBS Group reiterated a “neutral” rating and issued a GBX 2,350 price target on shares of SSE in a research report on Friday, May 22nd. Five analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of GBX 2,606.57.
Check Out Our Latest Stock Analysis on SSE
SSE Trading Down 0.1%
SSE (LON:SSE – Get Free Report) last posted its earnings results on Thursday, May 28th. The company reported GBX 153.50 earnings per share (EPS) for the quarter. SSE had a net margin of 11.87% and a return on equity of 9.45%. The business had revenue of GBX 1,018.65 billion for the quarter. On average, equities analysts anticipate that SSE plc will post 163.8865004 earnings per share for the current year.
SSE Company Profile
SSE is a leading generator of renewables and flexible energy in the GB and Ireland markets, and one of the world’s fastest-growing electricity networks companies.
This includes onshore and offshore wind farms, hydro, electricity transmission and distribution networks, power stations, carbon capture and hydrogen, solar and batteries, as well as providing energy products and services for businesses and other customers.
SSE’s more than 14,000 employees are dedicated to delivering cleaner, more secure energy and ensuring a just transition to a net zero future.
Further Reading
- Five stocks we like better than SSE
- Apple and Broadcom Forge a Decade-Long Silicon Fortress
- SK Hynix’s Nasdaq Listing Could Reset the AI Memory Trade
- The AI Chip Sell-Off Looks Scary, But the Real Story May Be Liquidity
- Palantir’s CEO Just Called Out OpenAI and Anthropic
Receive News & Ratings for SSE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SSE and related companies with MarketBeat.com's FREE daily email newsletter.
