SSE plc (LON:SSE) Receives GBX 2,304.50 Consensus PT from Brokerages

SSE plc (LON:SSE) has received an average rating of “Moderate Buy” from the seven brokerages that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating and six have given a buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is GBX 2,311.

SSE has been the topic of a number of recent analyst reports. Citigroup downgraded shares of SSE to a “sell” rating and set a GBX 1,997 price target on the stock. in a research report on Friday. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 2,425 target price on shares of SSE in a report on Tuesday, November 4th. Royal Bank Of Canada upped their target price on SSE from GBX 2,200 to GBX 2,475 and gave the stock an “outperform” rating in a research report on Friday. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 2,230 price target on shares of SSE in a research note on Thursday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on SSE from GBX 2,000 to GBX 2,350 and gave the company a “buy” rating in a research report on Friday.

SSE Trading Down 1.6%

LON:SSE opened at GBX 2,227 on Friday. The stock has a market cap of £24.52 billion, a price-to-earnings ratio of 20.60, a PEG ratio of 3.06 and a beta of 0.56. The company has a debt-to-equity ratio of 82.62, a quick ratio of 0.50 and a current ratio of 1.10. SSE has a 1 year low of GBX 1,446.89 and a 1 year high of GBX 2,307. The business has a fifty day moving average of GBX 1,820.61 and a 200-day moving average of GBX 1,800.34.

SSE (LON:SSE) last posted its quarterly earnings data on Wednesday, November 12th. The company reported GBX 36.10 earnings per share for the quarter. SSE had a net margin of 16.36% and a return on equity of 17.83%. Equities analysts predict that SSE will post 163.8865004 earnings per share for the current year.

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.