SSE (LON:SSE) Given Buy Rating at Jefferies Financial Group

SSE (LON:SSEGet Free Report)‘s stock had its “buy” rating reiterated by equities research analysts at Jefferies Financial Group in a research report issued on Friday,London Stock Exchange reports. They presently have a GBX 3,060 price target on the stock. Jefferies Financial Group’s price target would suggest a potential upside of 29.77% from the company’s current price.

A number of other analysts have also commented on SSE. Deutsche Bank Aktiengesellschaft raised their price target on SSE from GBX 2,850 to GBX 2,900 and gave the stock a “buy” rating in a research note on Friday, April 24th. UBS Group reissued a “neutral” rating and set a GBX 2,350 price objective on shares of SSE in a research report on Friday, May 22nd. Finally, JPMorgan Chase & Co. raised their target price on shares of SSE from GBX 2,580 to GBX 2,925 and gave the stock an “overweight” rating in a research report on Wednesday, April 1st. Five equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 2,606.57.

Get Our Latest Stock Report on SSE

SSE Trading Down 2.0%

SSE traded down GBX 47 during midday trading on Friday, reaching GBX 2,358. 16,739,943 shares of the company’s stock traded hands, compared to its average volume of 23,677,982. The firm has a fifty day moving average of GBX 2,561.43 and a two-hundred day moving average of GBX 2,427.59. The stock has a market capitalization of £28.42 billion, a price-to-earnings ratio of 27.13, a P/E/G ratio of 3.06 and a beta of 0.62. The company has a debt-to-equity ratio of 81.00, a current ratio of 0.97 and a quick ratio of 0.50. SSE has a 52 week low of GBX 1,597 and a 52 week high of GBX 2,767.50.

SSE (LON:SSEGet Free Report) last issued its quarterly earnings data on Thursday, May 28th. The company reported GBX 153.50 earnings per share for the quarter. SSE had a return on equity of 7.09% and a net margin of 8.59%.The firm had revenue of GBX 1,018.65 billion for the quarter. On average, equities analysts anticipate that SSE will post 163.8865004 earnings per share for the current fiscal year.

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.

Further Reading

Analyst Recommendations for SSE (LON:SSE)

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