SSE’s (SSE) “Buy” Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reaffirmed their buy rating on shares of SSE (LON:SSE) in a report issued on Thursday, MarketBeat.com reports. The firm currently has a GBX 2,650 target price on the stock.

Several other equities analysts have also recently issued reports on the company. Jefferies Financial Group restated a “buy” rating and issued a GBX 3,060 price target on shares of SSE in a research report on Friday, May 29th. UBS Group reaffirmed a “neutral” rating and set a GBX 2,350 price objective on shares of SSE in a research report on Friday, May 22nd. Five investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 2,570.86.

SSE Price Performance

Shares of LON:SSE opened at GBX 2,387.21 on Thursday. The company has a 50-day simple moving average of GBX 2,415.12 and a 200-day simple moving average of GBX 2,493.06. SSE has a one year low of GBX 1,615 and a one year high of GBX 2,767.50. 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 stock has a market capitalization of £28.80 billion, a price-to-earnings ratio of 22.65, 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.