SSE plc (LON:SSE) Receives Average Rating of "Moderate Buy" from Analysts

SSE plc (LON:SSE - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the seven ratings firms that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is GBX 2,606.57.

SSE has been the subject of a number of research analyst reports. UBS Group restated a "neutral" rating and issued a GBX 2,350 price target on shares of SSE in a research note on Friday, January 23rd. Citigroup increased their price objective on shares of SSE from GBX 1,997 to GBX 2,036 and gave the company a "sell" rating in a research note on Monday, January 26th. JPMorgan Chase & Co. boosted their target price on shares of SSE from GBX 2,580 to GBX 2,925 and gave the stock an "overweight" rating in a research report on Wednesday, April 1st. Jefferies Financial Group upped their target price on shares of SSE from GBX 2,510 to GBX 3,060 and gave the company a "buy" rating in a research note on Wednesday, March 18th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on shares of SSE from GBX 2,850 to GBX 2,900 and gave the stock a "buy" rating in a research report on Friday, April 24th.

SSE Stock Performance

Shares of SSE opened at GBX 2,483.50 on Friday. The firm has a market cap of £29.94 billion, a price-to-earnings ratio of 28.58, a PEG ratio of 3.06 and a beta of 0.62. The company has a quick ratio of 0.50, a current ratio of 0.97 and a debt-to-equity ratio of 81.00. The business's 50 day moving average is GBX 2,635.29 and its two-hundred day moving average is GBX 2,371.87. SSE has a 52-week low of GBX 1,597 and a 52-week high of GBX 2,767.50.

SSE Company Profile

SSE is a leading generator of renewables and flexible energy in the GB and Ireland markets, and one of the world's fastest-growing electricity networks companies. This includes onshore and offshore wind farms, hydro, electricity transmission and distribution networks, power stations, carbon capture and hydrogen, solar and batteries, as well as providing energy products and services for businesses and other customers. SSE's more than 14,000 employees are dedicated to delivering cleaner, more secure energy and ensuring a just transition to a net zero future.

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