SSE (LON:SSE) Insider Barry O’Regan Buys 9 Shares

SSE plc (LON:SSE) insider Barry O’Regan purchased 9 shares of the company’s stock in a transaction on Tuesday, December 23rd. The stock was acquired at an average price of GBX 2,496 per share, with a total value of £224.64.

SSE Stock Performance

Shares of SSE opened at GBX 2,195 on Wednesday. SSE plc has a 1 year low of GBX 1,446.89 and a 1 year high of GBX 2,307. The stock has a market capitalization of £26.35 billion, a PE ratio of 25.26, 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. The stock has a 50-day simple moving average of GBX 2,093.49 and a 200-day simple moving average of GBX 1,896.85.

SSE (LON:SSE) last issued 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%. On average, analysts predict that SSE plc will post 163.8865004 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently issued reports on SSE shares. Deutsche Bank Aktiengesellschaft boosted 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, November 14th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 2,230 price objective on shares of SSE in a research note on Thursday, October 23rd. Barclays restated an “overweight” rating and issued a GBX 2,500 target price on shares of SSE in a research note on Thursday, October 16th. UBS Group reissued a “buy” rating and set a GBX 2,200 price target on shares of SSE in a report on Friday, November 7th. Finally, Royal Bank Of Canada lifted their price objective on SSE from GBX 2,200 to GBX 2,475 and gave the company an “outperform” rating in a report on Friday, November 14th. Six research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,311.

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.