SSE’s (SSE) Buy Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reaffirmed their buy rating on shares of SSE (LON:SSE) in a report published on Thursday morning,Digital Look reports. They currently have a GBX 2,650 price objective on the stock.

SSE has been the topic of several other reports. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 2,980 target price on shares of SSE in a research note on Tuesday, October 6th. Jefferies Financial Group reissued a “buy” rating and set a GBX 3,060 price target on shares of SSE in a research report on Thursday, October 1st. Five equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, SSE presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,639.43.

SSE Stock Performance

Shares of SSE stock opened at GBX 2,627 on Thursday. The company has a debt-to-equity ratio of 103.50, a quick ratio of 0.50 and a current ratio of 1.20. SSE has a fifty-two week low of GBX 1,843 and a fifty-two week high of GBX 2,767.50. The stock has a 50 day moving average price of GBX 2,461.41 and a two-hundred day moving average price of GBX 2,481.90. The company has a market capitalization of £31.91 billion, a P/E ratio of 24.92, a PEG ratio of 3.06 and a beta of 0.56.

Insider Activity

In other news, insider Barry O’Regan bought 9 shares of SSE stock in a transaction on Thursday, October 8th. The shares were purchased at an average price of GBX 2,962 per share, for a total transaction of £266.58. Also, insider Martin Pibworth bought 112 shares of the firm’s stock in a transaction dated Thursday, September 17th. The stock was purchased at an average cost of GBX 2,446 per share, with a total value of £2,739.52. Insiders acquired 125 shares of company stock valued at $310,226 over the last 90 days. 0.15% of the stock is currently owned by company insiders.

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.