Brokerages Set SSE plc (LON:SSE) Target Price at GBX 2,570.86

SSE plc (LON:SSEGet Free Report) has been assigned an average rating of “Moderate Buy” from the eight brokerages that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is GBX 2,622.

Several research analysts have recently issued reports on SSE shares. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 3,060 price objective on shares of SSE in a research note on Friday, May 29th. Berenberg Bank raised their price target on shares of SSE from GBX 2,800 to GBX 2,980 and gave the company a “buy” rating in a research note on Thursday. UBS Group reiterated a “neutral” rating and set a GBX 2,350 price target on shares of SSE in a report on Friday, May 22nd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 2,650 target price on shares of SSE in a report on Thursday, September 3rd.

View Our Latest Report on SSE

SSE Stock Performance

Shares of SSE stock opened at GBX 2,442 on Thursday. The business’s 50-day moving average price is GBX 2,401.91 and its 200-day moving average price is GBX 2,478.42. SSE has a 12 month low of GBX 1,652 and a 12 month high of GBX 2,767.50. The firm has a market capitalization of £29.46 billion, a price-to-earnings ratio of 23.17, a PEG ratio of 3.06 and a beta of 0.58. The company has a current ratio of 1.20, a quick ratio of 0.50 and a debt-to-equity ratio of 103.50.

About SSE

(Get Free Report)

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.

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Analyst Recommendations for SSE (LON:SSE)

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