SSE (LON:SSE) Insider Martin Pibworth Buys 19 Shares

SSE plc (LON:SSE) insider Martin Pibworth purchased 19 shares of the business’s stock in a transaction dated Friday, January 30th. The shares were purchased at an average price of GBX 2,423 per share, for a total transaction of £460.37.

Martin Pibworth also recently made the following trade(s):

• On Tuesday, January 6th, Martin Pibworth acquired 1 shares of SSE stock. The shares were bought at an average cost of GBX 2,307 per share, with a total value of GBX 2,307.
• On Thursday, November 6th, Martin Pibworth purchased 2 shares of SSE stock. The shares were purchased at an average cost of GBX 1,915 per share, for a total transaction of GBX 3,830.

SSE Price Performance

Shares of LON:SSE opened at GBX 2,422 on Friday. The firm’s 50 day moving average price is GBX 2,229.09 and its 200-day moving average price is GBX 1,970.61. The company has a quick ratio of 0.50, a current ratio of 1.10 and a debt-to-equity ratio of 82.62. The stock has a market capitalization of £29.07 billion, a PE ratio of 27.87, a price-to-earnings-growth ratio of 3.06 and a beta of 0.56. SSE plc has a twelve month low of GBX 1,446.89 and a twelve month high of GBX 2,443.

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

Wall Street Analyst Weigh In

Several brokerages have weighed in on SSE. UBS Group reissued a “neutral” rating and set a GBX 2,350 price objective on shares of SSE in a research note on Friday, January 23rd. Barclays reiterated an “overweight” rating and set a GBX 2,500 price objective on shares of SSE in a report on Thursday, October 16th. Deutsche Bank Aktiengesellschaft lifted their target price on SSE from GBX 2,350 to GBX 2,500 and gave the company a “buy” rating in a research report on Monday, January 19th. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 2,425 price target on shares of SSE in a report on Tuesday, November 4th. Finally, Royal Bank Of Canada boosted 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. Five analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, SSE has an average rating of “Moderate Buy” and an average target price of GBX 2,359.43.

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.