Analysts Set SSE plc (LON:SSE) PT at GBX 2,478

Shares of SSE plc (LON:SSE) have been given an average recommendation of “Moderate Buy” by the seven brokerages that are presently covering the company, Marketbeat.com reports. One 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 1-year price target among brokers that have issued ratings on the stock in the last year is GBX 2,478.

Several brokerages have recently issued reports on SSE. UBS Group reissued a “neutral” rating and set a GBX 2,350 price objective on shares of SSE in a research note on Friday, January 23rd. Citigroup increased their target price on SSE from GBX 1,997 to GBX 2,036 and gave the stock a “sell” rating in a research report on Monday, January 26th. Jefferies Financial Group lifted their target price on SSE from GBX 2,510 to GBX 3,060 and gave the company a “buy” rating in a report on Wednesday, March 18th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on SSE from GBX 2,350 to GBX 2,500 and gave the company a “buy” rating in a research report on Monday, January 19th.

SSE Stock Performance

Shares of SSE stock opened at GBX 2,498 on Thursday. SSE has a one year low of GBX 1,468 and a one year high of GBX 2,763. The company has a debt-to-equity ratio of 81.00, a quick ratio of 0.50 and a current ratio of 0.97. The company has a 50 day moving average price of GBX 2,535.56 and a 200 day moving average price of GBX 2,176.98. The firm has a market capitalization of £30.11 billion, a price-to-earnings ratio of 28.75, a price-to-earnings-growth ratio of 3.06 and a beta of 0.67.

Insider Buying and Selling at SSE

In other news, insider Martin Pibworth bought 19 shares of the firm’s stock in a transaction dated Friday, January 30th. The stock was acquired at an average price of GBX 2,423 per share, for a total transaction of £460.37. Over the last quarter, insiders bought 21 shares of company stock valued at $50,980. Insiders own 0.16% of the company’s stock.

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.