SSE’s (SSE) “Neutral” Rating Reaffirmed at UBS Group

UBS Group reiterated their neutral rating on shares of SSE (LON:SSE) in a research note issued to investors on Friday, Marketbeat reports. They currently have a GBX 2,350 target price on the stock.

SSE has been the topic of a number of other research reports. Royal Bank Of Canada increased their price target on SSE from GBX 2,200 to GBX 2,475 and gave the stock an “outperform” rating in a research note on Friday, November 14th. Barclays reiterated an “overweight” rating and set a GBX 2,500 target price on shares of SSE in a research report on Thursday, October 16th. Jefferies Financial Group restated a “buy” rating and issued a GBX 2,230 price target on shares of SSE in a report on Thursday, October 23rd. Deutsche Bank Aktiengesellschaft increased their price objective on shares of SSE from GBX 2,350 to GBX 2,500 and gave the stock a “buy” rating in a report on Monday, January 19th. Finally, JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 2,425 target price on shares of SSE in a report on Tuesday, November 4th. Five research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 2,353.86.

SSE Price Performance

LON:SSE opened at GBX 2,309.86 on Friday. SSE has a 12-month low of GBX 1,446.89 and a 12-month high of GBX 2,383. The firm has a market cap of £27.72 billion, a price-to-earnings ratio of 26.58, a price-to-earnings-growth ratio of 3.06 and a beta of 0.56. The company’s 50-day moving average is GBX 2,211.16 and its two-hundred day moving average is GBX 1,951.98. The company has a current ratio of 1.10, a quick ratio of 0.50 and a debt-to-equity ratio of 82.62.

SSE (LON:SSE) last issued its quarterly earnings results on Wednesday, November 12th. The company reported GBX 36.10 EPS for the quarter. SSE had a net margin of 16.36% and a return on equity of 17.83%. Research analysts expect that SSE will post 163.8865004 EPS for the current year.

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.