Deutsche Bank Aktiengesellschaft Issues Positive Forecast for SSE (LON:SSE) Stock Price

SSE (LON:SSE) had its price objective hoisted by Deutsche Bank Aktiengesellschaft from GBX 2,350 to GBX 2,500 in a research note released on Monday, Marketbeat.com reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock.

Several other research analysts have also recently commented on the stock. Royal Bank Of Canada raised their target price on shares of SSE from GBX 2,200 to GBX 2,475 and gave the stock an “outperform” rating in a report on Friday, November 14th. Citigroup cut SSE to a “sell” rating and set a GBX 1,997 price objective for the company. in a report on Friday, November 14th. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 2,425 target price on shares of SSE in a research report on Tuesday, November 4th. Barclays restated an “overweight” rating and issued a GBX 2,500 price target on shares of SSE in a research report on Thursday, October 16th. Finally, UBS Group reaffirmed a “buy” rating and set a GBX 2,200 price objective on shares of SSE in a research report on Friday, November 7th. Six research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,332.43.

SSE Stock Down 2.0%

SSE stock opened at GBX 2,316 on Monday. SSE has a fifty-two week low of GBX 1,446.89 and a fifty-two week high of GBX 2,364. The company has a debt-to-equity ratio of 82.62, a current ratio of 1.10 and a quick ratio of 0.50. The stock has a market capitalization of £27.80 billion, a price-to-earnings ratio of 26.65, a PEG ratio of 3.06 and a beta of 0.56. The business’s fifty day moving average price is GBX 2,198.15 and its two-hundred day moving average price is GBX 1,940.10.

SSE (LON:SSE) last announced its earnings results on Wednesday, November 12th. The company reported GBX 36.10 earnings per share (EPS) for the quarter. SSE had a net margin of 16.36% and a return on equity of 17.83%. On average, equities analysts anticipate 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.