SSE (LON:SSE) Stock Rating Reaffirmed by Credit Suisse Group

SSE (LON:SSEGet Rating)‘s stock had its “neutral” rating reiterated by stock analysts at Credit Suisse Group in a note issued to investors on Friday, Marketbeat Ratings reports. They currently have a GBX 1,750 ($21.15) target price on the stock. Credit Suisse Group’s price target indicates a potential upside of 0.89% from the company’s current price.

A number of other brokerages also recently issued reports on SSE. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 2,000 ($24.17) price objective on shares of SSE in a research note on Friday, September 9th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of SSE in a research note on Tuesday, June 28th. Berenberg Bank reissued a “buy” rating and issued a GBX 2,200 ($26.58) price objective on shares of SSE in a research note on Tuesday, June 28th. Finally, Barclays reissued an “overweight” rating and issued a GBX 2,000 ($24.17) price objective on shares of SSE in a research note on Friday, May 27th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,934 ($23.37).

SSE Trading Down 0.1 %

LON SSE opened at GBX 1,734.50 ($20.96) on Friday. The business’s 50-day moving average price is GBX 1,767.23 and its two-hundred day moving average price is GBX 1,751.45. SSE has a 12 month low of GBX 1,510 ($18.25) and a 12 month high of GBX 1,935.50 ($23.39). The firm has a market capitalization of £18.52 billion and a PE ratio of 719.71. The company has a current ratio of 1.49, a quick ratio of 0.66 and a debt-to-equity ratio of 102.93.

SSE Company Profile

(Get Rating)

SSE plc engages in the generation, transmission, distribution, and supply of electricity. It generates electricity from water, gas, coal, oil, and multi fuel. The company distributes electricity to approximately 3.8 million homes and businesses across the north of the central belt of Scotland and central southern England; and owns, operates, and develops high voltage electricity transmission system in the north of Scotland and remote islands.

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