Shares of SSE plc (LON:SSE – Get Free Report) have been assigned a consensus rating of “Moderate Buy” from the seven brokerages that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is GBX 2,639.43.
Several research firms have recently commented on SSE. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 2,650 price target on shares of SSE in a research report on Thursday, October 29th. Berenberg Bank reissued a “buy” rating and set a GBX 2,980 target price on shares of SSE in a research note on Tuesday, October 6th. Finally, Jefferies Financial Group reissued a “buy” rating and set a GBX 3,060 target price on shares of SSE in a research note on Thursday, October 1st.
View Our Latest Analysis on SSE
Insider Buying and Selling
In other SSE news, insider Martin Pibworth purchased 112 shares of the business’s stock in a transaction dated Thursday, September 17th. The shares were bought at an average price of GBX 2,446 per share, with a total value of £2,739.52. Also, insider Barry O’Regan acquired 9 shares of SSE stock in a transaction dated Thursday, October 8th. The shares were acquired at an average price of GBX 2,962 per share, with a total value of £266.58. In the last ninety days, insiders have bought 124 shares of company stock worth $307,867. Corporate insiders own 0.15% of the company’s stock.
SSE Price Performance
Shares of LON SSE opened at GBX 2,633 on Friday. The company has a debt-to-equity ratio of 103.50, a current ratio of 1.20 and a quick ratio of 0.50. The firm has a market capitalization of £31.98 billion, a PE ratio of 24.98, a P/E/G ratio of 3.06 and a beta of 0.56. SSE has a 1-year low of GBX 1,843 and a 1-year high of GBX 2,767.50. The business’s fifty day moving average price is GBX 2,478.78 and its two-hundred day moving average price is GBX 2,488.11.
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.
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