Insider Buying: SSE (LON:SSE) Insider Purchases £266.58 in Stock

SSE plc (LON:SSE – Get Free Report) insider Barry O’Regan acquired 9 shares of the stock in a transaction that occurred on Thursday, October 8th. The shares were bought at an average price of GBX 2,962 per share, with a total value of £266.58.

SSE Stock Up 0.5%

Shares of SSE opened at GBX 2,449.20 on Monday. The stock has a market capitalization of £29.75 billion, a price-to-earnings ratio of 23.24, a PEG ratio of 3.06 and a beta of 0.58. SSE plc has a 52 week low of GBX 1,794.50 and a 52 week high of GBX 2,767.50. The company has a debt-to-equity ratio of 103.50, a quick ratio of 0.50 and a current ratio of 1.20. The stock has a fifty day moving average of GBX 2,415.95 and a 200-day moving average of GBX 2,455.84.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Berenberg Bank reissued a “buy” rating and set a GBX 2,980 price target on shares of SSE in a research note on Tuesday, October 6th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 2,650 price objective on shares of SSE in a research note on Thursday, September 3rd. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 3,060 price objective on shares of SSE in a report on Thursday, October 1st. Six investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,622.

Check Out Our Latest Research Report on SSE

SSE Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for SSE (LON:SSE)

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