SSE (LON:SSE) Price Target Raised to GBX 2,036 at Citigroup

SSE (LON:SSE) had its price target lifted by Citigroup from GBX 1,997 to GBX 2,036 in a research note issued to investors on Monday, MarketBeat Ratings reports. They currently have a sell rating on the stock.

A number of other equities research analysts also recently issued reports on the company. 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 report on Friday, November 14th. 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. 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. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 2,230 price objective on shares of SSE in a research report on Thursday, October 23rd. Finally, 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 research note on Monday, January 19th. Five analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,359.43.

SSE Price Performance

LON:SSE opened at GBX 2,331.56 on Monday. SSE has a 52 week low of GBX 1,446.89 and a 52 week high of GBX 2,383. 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 firm’s 50-day simple moving average is GBX 2,212.77 and its 200 day simple moving average is GBX 1,956.40. The firm has a market cap of £27.98 billion, a price-to-earnings ratio of 26.83, a P/E/G ratio of 3.06 and a beta of 0.56.

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%. As a group, sell-side analysts predict that SSE will post 163.8865004 earnings per share 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.