SSE (LON:SSE) Earns “Buy” Rating from Deutsche Bank Aktiengesellschaft

SSE (LON:SSE)‘s stock had its “buy” rating restated by investment analysts at Deutsche Bank Aktiengesellschaft in a research note issued to investors on Thursday, London Stock Exchange reports. They presently have a GBX 2,650 target price on the stock. Deutsche Bank Aktiengesellschaft’s target price points to a potential upside of 13.39% from the stock’s current price.

A number of other equities research analysts have also issued reports on SSE. UBS Group reissued a “neutral” rating and set a GBX 2,350 target price on shares of SSE in a research note on Friday, May 22nd. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 3,060 price target on shares of SSE in a research note on Friday, May 29th. Five equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, SSE currently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,570.86.

SSE Stock Performance

Shares of SSE opened at GBX 2,337 on Thursday. The company’s 50 day moving average price is GBX 2,416.24 and its 200 day moving average price is GBX 2,495.46. SSE has a 52 week low of GBX 1,605 and a 52 week high of GBX 2,767.50. The company has a market capitalization of £28.19 billion, a PE ratio of 22.17, a PEG ratio of 3.06 and a beta of 0.58. The company has a debt-to-equity ratio of 103.50, a quick ratio of 0.50 and a current ratio of 1.20.

About SSE

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.