SSE plc (SSE.L) – What Are Researchers Saying About This Stock?

Shares of SSE plc (LON:SSE) have earned a consensus recommendation of “Moderate Buy” from the seven analysts that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and five have given a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is GBX 2,639.43.

A number of analysts have recently commented on SSE shares. Berenberg Bank reissued a “buy” rating and issued a GBX 2,980 price objective on shares of SSE in a research note on Tuesday, October 6th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 3,060 target price on shares of SSE in a report on Thursday, October 1st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 2,650 price target on shares of SSE in a research report on Thursday.

Insider Buying and Selling

In other SSE news, insider Martin Pibworth bought 112 shares of the business’s stock in a transaction that occurred on Thursday, September 17th. The stock was acquired at an average cost of GBX 2,446 per share, with a total value of £2,739.52. Also, insider Barry O’Regan bought 9 shares of SSE stock in a transaction that occurred on Thursday, October 8th. The shares were acquired at an average price of GBX 2,962 per share, with a total value of £266.58. Insiders purchased a total of 125 shares of company stock worth $310,226 over the last quarter. Insiders own 0.15% of the company’s stock.

SSE Stock Performance

Shares of LON SSE opened at GBX 2,663 on Friday. The stock has a fifty day moving average price of GBX 2,456.59 and a two-hundred day moving average price of GBX 2,480.18. 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 £32.35 billion, a P/E ratio of 25.27, a PEG 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.

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.