SSE's (SSE) "Overweight" Rating Reiterated at JPMorgan Chase & Co.

Key Points

• JPMorgan Chase & Co. has reaffirmed an "overweight" rating on SSE's stock, highlighting confidence in the company's growth potential.
• Barclays has also restated an "overweight" rating with a target price of GBX 2,500, indicating strong analyst support for the stock.
• SSE's shares are currently trading at GBX 1,887.50, showing a trading increase of 0.5% as of the latest update.

SSE (LON:SSE - Get Free Report)'s stock had its "overweight" rating reaffirmed by stock analysts at JPMorgan Chase & Co. in a note issued to investors on Monday,Digital Look reports.

Separately, Barclays restated an "overweight" rating and set a GBX 2,500 target price on shares of SSE in a research report on Thursday. Two analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, SSE currently has an average rating of "Hold" and an average price target of GBX 2,462.50.

SSE Trading Up 0.5%

Shares of SSE opened at GBX 1,887.50 on Monday. The company has a current ratio of 1.10, a quick ratio of 0.50 and a debt-to-equity ratio of 82.62. The firm's 50-day moving average is GBX 1,736.38 and its two-hundred day moving average is GBX 1,748.12. SSE has a twelve month low of GBX 1,446.89 and a twelve month high of GBX 1,980.52. The firm has a market capitalization of £20.79 billion, a P/E ratio of 17.46, a PEG ratio of 3.06 and a beta of 0.56.

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.

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