SSE plc (LON:SSE) Receives Consensus Rating of “Moderate Buy” from Analysts

SSE plc (LON:SSE) has received a consensus recommendation of “Moderate Buy” from the seven brokerages that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating and six have given a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is GBX 2,311.

A number of brokerages have weighed in on SSE. Citigroup cut SSE to a “sell” rating and set a GBX 1,997 price objective for the company. in a research note on Friday, November 14th. Royal Bank Of Canada lifted their target price on shares of SSE from GBX 2,200 to GBX 2,475 and gave the company an “outperform” rating in a report on Friday, November 14th. Deutsche Bank Aktiengesellschaft increased their price target on shares of SSE from GBX 2,000 to GBX 2,350 and gave the stock a “buy” rating in a research note on Friday, November 14th. Barclays restated an “overweight” rating and issued a GBX 2,500 price objective on shares of SSE in a research note on Thursday, October 16th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 2,230 target price on shares of SSE in a report on Thursday, October 23rd.

SSE Price Performance

Shares of SSE opened at GBX 2,150.32 on Tuesday. The company has a debt-to-equity ratio of 82.62, a current ratio of 1.10 and a quick ratio of 0.50. SSE has a 1-year low of GBX 1,446.89 and a 1-year high of GBX 2,307. The stock has a market cap of £25.81 billion, a PE ratio of 24.74, a price-to-earnings-growth ratio of 3.06 and a beta of 0.56. The firm has a fifty day moving average price of GBX 1,984.85 and a 200 day moving average price of GBX 1,853.96.

SSE (LON:SSE) last issued its quarterly earnings data on Wednesday, November 12th. The company reported GBX 36.10 earnings per share (EPS) for the quarter. SSE had a return on equity of 17.83% and a net margin of 16.36%. As a group, sell-side analysts anticipate that SSE will post 163.8865004 EPS 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.