SSE plc (LON:SSE) Given Consensus Recommendation of “Moderate Buy” by Analysts

SSE plc (LON:SSE) has received an average recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation and six have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is GBX 2,311.

Several brokerages have issued reports on SSE. Barclays restated an “overweight” rating and issued a GBX 2,500 target price on shares of SSE in a research note on Thursday, October 16th. Jefferies Financial Group restated a “buy” rating and issued a GBX 2,230 price objective on shares of SSE in a research note on Thursday, October 23rd. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 2,425 price objective on shares of SSE in a report on Tuesday, November 4th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of SSE from GBX 2,000 to GBX 2,350 and gave the stock a “buy” rating in a research note on Friday, November 14th. Finally, UBS Group reissued a “buy” rating and issued a GBX 2,200 price target on shares of SSE in a research report on Friday, November 7th.

SSE Stock Performance

Shares of SSE opened at GBX 2,236 on Friday. The company has a current ratio of 1.10, a quick ratio of 0.50 and a debt-to-equity ratio of 82.62. The company has a market capitalization of £24.62 billion, a price-to-earnings ratio of 20.68, a PEG ratio of 3.06 and a beta of 0.56. The stock has a 50 day moving average of GBX 1,844.62 and a 200 day moving average of GBX 1,807.98. SSE has a 12 month low of GBX 1,446.89 and a 12 month high of GBX 2,307.

SSE (LON:SSE) last announced its quarterly earnings data on Wednesday, November 12th. The company reported GBX 36.10 EPS for the quarter. SSE had a net margin of 16.36% and a return on equity of 17.83%. As a group, sell-side analysts forecast that SSE will post 163.8865004 earnings per share 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.