SSE plc (LON:SSE) Given Average Rating of “Moderate Buy” by Analysts

SSE plc (LON:SSE) has received an average rating of “Moderate Buy” from the seven analysts that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is GBX 2,606.57.

A number of research firms have commented on SSE. JPMorgan Chase & Co. lifted their price objective on shares of SSE from GBX 2,580 to GBX 2,925 and gave the stock an “overweight” rating in a report on Wednesday, April 1st. UBS Group reissued a “neutral” rating and set a GBX 2,350 price target on shares of SSE in a report on Friday, May 22nd. Jefferies Financial Group reissued a “buy” rating and set a GBX 3,060 price target on shares of SSE in a report on Friday, May 29th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 2,900 price target on shares of SSE in a report on Friday, May 29th.

SSE Stock Performance

SSE stock opened at GBX 2,372.50 on Tuesday. The company has a market cap of £28.61 billion, a PE ratio of 22.51, a P/E/G ratio of 3.06 and a beta of 0.60. The company has a fifty day moving average price of GBX 2,529.20 and a two-hundred day moving average price of GBX 2,436.74. The company has a debt-to-equity ratio of 103.50, a current ratio of 1.20 and a quick ratio of 0.50. SSE has a 12 month low of GBX 1,597 and a 12 month high of GBX 2,767.50.

SSE (LON:SSE) last released its quarterly earnings data on Thursday, May 28th. The company reported GBX 153.50 EPS for the quarter. The firm had revenue of GBX 1,018.65 billion during the quarter. SSE had a net margin of 11.87% and a return on equity of 9.45%. Research analysts expect that SSE will post 163.8865004 earnings per share for the current year.

SSE Company Profile

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.