UBS Group Reiterates Buy Rating for SSE (LON:SSE)

SSE (LON:SSE)‘s stock had its “buy” rating restated by investment analysts at UBS Group in a research report issued on Friday, MarketBeat reports. They presently have a GBX 2,200 price target on the stock. UBS Group’s price target points to a potential upside of 17.74% from the stock’s previous close.

SSE has been the topic of a number of other reports. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 2,425 price objective on shares of SSE in a report on Tuesday, November 4th. Barclays reissued an “overweight” rating and set a GBX 2,500 price target on shares of SSE in a research report on Thursday, October 16th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 2,230 price objective on shares of SSE in a research report on Thursday, October 23rd. Four equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, SSE currently has an average rating of “Moderate Buy” and an average price target of GBX 2,338.75.

SSE Stock Down 1.8%

Shares of LON:SSE opened at GBX 1,868.50 on Friday. The stock has a market cap of £20.58 billion, a price-to-earnings ratio of 17.28, a PEG ratio of 3.06 and a beta of 0.56. The company has a quick ratio of 0.50, a current ratio of 1.10 and a debt-to-equity ratio of 82.62. SSE has a 12-month low of GBX 1,446.89 and a 12-month high of GBX 1,980.52. The business’s 50 day moving average is GBX 1,772.34 and its 200 day moving average is GBX 1,781.97.

SSE Company Profile

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.