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

SSE plc (LON:SSE) has received a consensus rating of “Moderate Buy” from the seven brokerages that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is GBX 2,570.86.

A number of analysts have issued reports on the company. UBS Group reissued a “neutral” rating and issued a GBX 2,350 target price on shares of SSE in a research report on Friday, May 22nd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 2,650 price objective on shares of SSE in a research note on Thursday, September 3rd. Finally, Jefferies Financial Group reissued a “buy” rating and issued a GBX 3,060 price target on shares of SSE in a research note on Friday, May 29th.

SSE Price Performance

SSE opened at GBX 2,382 on Thursday. SSE has a fifty-two week low of GBX 1,631 and a fifty-two week high of GBX 2,767.50. The firm has a 50-day moving average of GBX 2,413.03 and a 200 day moving average of GBX 2,487.85. The company has a debt-to-equity ratio of 103.50, a quick ratio of 0.50 and a current ratio of 1.20. The firm has a market cap of £28.73 billion, a P/E ratio of 22.60, a PEG ratio of 3.06 and a beta of 0.58.

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.