SSE (LON:SSE) PT Raised to GBX 2,075 at JPMorgan Chase & Co.

SSE (LON:SSE) had its price target boosted by research analysts at JPMorgan Chase & Co. from GBX 2,050 ($25.95) to GBX 2,075 ($26.26) in a report issued on Friday, Marketbeat reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 24.48% from the company’s current price.

Separately, Berenberg Bank reduced their price target on shares of SSE from GBX 2,300 ($29.11) to GBX 2,000 ($25.31) and set a “buy” rating for the company in a research report on Friday, March 1st. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 1,959 ($24.79).

SSE Stock Performance

SSE stock opened at GBX 1,667 ($21.10) on Friday. SSE has a 1-year low of GBX 1,485 ($18.80) and a 1-year high of GBX 1,932.50 ($24.46). The company has a current ratio of 0.91, a quick ratio of 0.50 and a debt-to-equity ratio of 84.31. The firm has a market capitalization of £18.17 billion, a PE ratio of 3,145.28, a price-to-earnings-growth ratio of 3.21 and a beta of 0.57. The firm’s 50 day simple moving average is GBX 1,613.79 and its 200 day simple moving average is GBX 1,690.71.

About SSE

SSE plc engages in the generation, transmission, distribution, and supply of electricity. It generates electricity from water, gas, coal, oil, and multi fuel. The company distributes electricity to approximately 3.8 million homes and businesses across the north of the central belt of Scotland and central southern England; and owns, operates, and develops high voltage electricity transmission system in the north of Scotland and remote islands.