Barclays Reiterates “Overweight” Rating for SSE (LON:SSE)

SSE (LON:SSE)‘s stock had its “overweight” rating reaffirmed by analysts at Barclays in a report released on Thursday, MarketBeat Ratings reports. They currently have a GBX 2,500 price target on the stock. Barclays‘s price target would suggest a potential upside of 33.08% from the company’s current price.

Separately, JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of SSE in a report on Friday, October 3rd. Two analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of GBX 2,462.50.

SSE Trading Up 0.8%

Shares of SSE opened at GBX 1,878.50 on Thursday. The company has a market capitalization of £20.69 billion, a P/E ratio of 1,737.74, a P/E/G ratio of 3.06 and a beta of 0.56. SSE has a one year low of GBX 1,446.89 and a one year high of GBX 1,980.52. The company has a debt-to-equity ratio of 82.62, a quick ratio of 0.50 and a current ratio of 1.10. The stock has a 50-day moving average price of GBX 1,736.38 and a 200 day moving average price of GBX 1,745.74.

About SSE

SSE is an integrated energy group focused on regulated electricity networks and renewable energy with flexible generation.
Our strategy is to create value for shareholders and society in a sustainable way by developing, building, operating and investing in the electricity infrastructure and businesses needed in the transition to net zero.