SSE (LON:SSE) Price Target Raised to GBX 2,036

SSE (LON:SSE) had its target price increased by Citigroup from GBX 1,997 to GBX 2,036 in a report published on Monday morning, Marketbeat Ratings reports. Citigroup currently has a sell rating on the stock.

A number of other equities analysts also recently commented on SSE. Barclays reissued an “overweight” rating and issued a GBX 2,500 price objective on shares of SSE in a research note on Thursday, October 16th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 2,230 price target on shares of SSE in a research report on Thursday, October 23rd. Deutsche Bank Aktiengesellschaft upped their price objective on SSE from GBX 2,350 to GBX 2,500 and gave the stock a “buy” rating in a research note on Monday, January 19th. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 2,425 target price on shares of SSE in a research note on Tuesday, November 4th. Finally, Royal Bank Of Canada boosted their target price on shares of SSE from GBX 2,200 to GBX 2,475 and gave the stock an “outperform” rating in a report on Friday, November 14th. Five analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,359.43.

SSE Stock Up 0.1%

LON:SSE opened at GBX 2,400.11 on Monday. The company has a debt-to-equity ratio of 82.62, a current ratio of 1.10 and a quick ratio of 0.50. SSE has a 1-year low of GBX 1,446.89 and a 1-year high of GBX 2,419. The company has a 50-day moving average of GBX 2,219.45 and a 200 day moving average of GBX 1,963.40. The firm has a market cap of £28.81 billion, a PE ratio of 27.62, a price-to-earnings-growth ratio of 3.06 and a beta of 0.56.

SSE (LON:SSE) last posted its quarterly earnings results on Wednesday, November 12th. The company reported GBX 36.10 EPS for the quarter. SSE had a net margin of 16.36% and a return on equity of 17.83%. As a group, research analysts anticipate that SSE will post 163.8865004 EPS for the current fiscal year.

About SSE

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.