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

Shares of SSE plc (LON:SSE) have earned a consensus recommendation of “Moderate Buy” from the eight analysts that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is GBX 2,622.

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

SSE Trading Up 0.5%

Shares of LON:SSE opened at GBX 2,449.20 on Monday. SSE has a 52 week low of GBX 1,794.50 and a 52 week high of GBX 2,767.50. The company’s 50 day moving average is GBX 2,415.95 and its two-hundred day moving average is GBX 2,456.13. The company has a current ratio of 1.20, a quick ratio of 0.50 and a debt-to-equity ratio of 103.50. The company has a market cap of £29.75 billion, a PE ratio of 23.24, a P/E/G ratio of 3.06 and a beta of 0.58.

Insider Buying and Selling

In related news, insider Martin Pibworth acquired 112 shares of the business’s stock in a transaction on Thursday, September 17th. The shares were bought at an average price of GBX 2,446 per share, with a total value of £2,739.52. Also, insider Barry O’Regan acquired 9 shares of SSE stock in a transaction dated Thursday, October 8th. The shares were bought at an average price of GBX 2,962 per share, with a total value of £266.58. Insiders purchased 125 shares of company stock valued at $310,226 over the last ninety days. 0.15% of the stock is currently owned by corporate insiders.

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.