SSE plc (LON:SSE) Given Average Rating of “Moderate Buy” by Analysts

Shares of SSE plc (LON:SSE) have earned an average rating of “Moderate Buy” from the seven brokerages that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is GBX 2,606.57.

A number of brokerages recently issued reports on SSE. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 2,900 price target on shares of SSE in a research note on Friday, May 29th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 3,060 target price on shares of SSE in a research note on Friday, May 29th. Finally, UBS Group reiterated a “neutral” rating and set a GBX 2,350 price target on shares of SSE in a report on Friday, May 22nd.

SSE Stock Down 0.0%

Shares of LON:SSE opened at GBX 2,384 on Friday. The company has a current ratio of 1.20, a quick ratio of 0.50 and a debt-to-equity ratio of 103.50. The stock has a fifty day simple moving average of GBX 2,405.05 and a two-hundred day simple moving average of GBX 2,502.49. SSE has a 12-month low of GBX 1,597 and a 12-month high of GBX 2,767.50. The stock has a market capitalization of £28.76 billion, a price-to-earnings ratio of 22.62, a PEG ratio of 3.06 and a beta of 0.58.

SSE (LON:SSE) last released its earnings results on Thursday, May 28th. The company reported GBX 153.50 EPS for the quarter. SSE had a return on equity of 9.45% and a net margin of 11.87%.The firm had revenue of GBX 1,018.65 billion for the quarter. On average, research analysts anticipate that SSE will post 163.8865004 earnings per share for the current fiscal year.

About SSE

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.