SSE’s (SSE) Neutral Rating Reiterated at UBS Group

UBS Group reissued their neutral rating on shares of SSE (LON:SSE) in a report issued on Friday, Marketbeat Ratings reports. UBS Group currently has a GBX 2,350 price target on the stock.

Other equities analysts also recently issued reports about the company. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 2,425 target price on shares of SSE in a research report on Tuesday, November 4th. Royal Bank Of Canada raised their price objective on shares of SSE from GBX 2,200 to GBX 2,475 and gave the company an “outperform” rating in a report on Friday, November 14th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of SSE from GBX 2,350 to GBX 2,500 and gave the stock a “buy” rating in a report on Monday, January 19th. Jefferies Financial Group restated a “buy” rating and issued a GBX 2,230 price target on shares of SSE in a research report on Thursday, October 23rd. Finally, Citigroup downgraded shares of SSE to a “sell” rating and set a GBX 1,997 price target for the company. in a research note on Friday, November 14th. Five equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 2,353.86.

SSE Price Performance

SSE stock opened at GBX 2,309.86 on Friday. The stock has a market cap of £27.72 billion, a price-to-earnings ratio of 26.58, a P/E/G ratio of 3.06 and a beta of 0.56. The company has a debt-to-equity ratio of 82.62, a current ratio of 1.10 and a quick ratio of 0.50. The company has a 50 day simple moving average of GBX 2,211.16 and a 200 day simple moving average of GBX 1,953.02. SSE has a 1 year low of GBX 1,446.89 and a 1 year high of GBX 2,383.

SSE (LON:SSE) last posted its earnings results on Wednesday, November 12th. The company reported GBX 36.10 earnings per share for the quarter. SSE had a net margin of 16.36% and a return on equity of 17.83%. Research analysts anticipate that SSE will post 163.8865004 EPS for the current fiscal 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.