SSE (LON:SSE) Insider Purchases £460.37 in Stock

SSE plc (LON:SSE) insider Martin Pibworth bought 19 shares of the company’s stock in a transaction that occurred on Friday, January 30th. The stock was acquired at an average price of GBX 2,423 per share, for a total transaction of £460.37.

Martin Pibworth also recently made the following trade(s):

• On Tuesday, January 6th, Martin Pibworth purchased 1 shares of SSE stock. The shares were acquired at an average cost of GBX 2,307 per share, for a total transaction of GBX 2,307.
• On Thursday, November 6th, Martin Pibworth bought 2 shares of SSE stock. The stock was bought at an average price of GBX 1,915 per share, with a total value of GBX 3,830.

SSE Stock Down 0.2%

Shares of SSE stock traded down GBX 4 during trading on Friday, hitting GBX 2,418. 38,857,109 shares of the stock traded hands, compared to its average volume of 20,633,426. The company has a fifty day moving average price of GBX 2,224.17 and a two-hundred day moving average price of GBX 1,966.58. SSE plc has a twelve month low of GBX 1,446.89 and a twelve month high of GBX 2,443. The stock has a market cap of £29.02 billion, a P/E ratio of 27.83, a PEG ratio of 3.06 and a beta of 0.56. The company has a debt-to-equity ratio of 82.62, a quick ratio of 0.50 and a current ratio of 1.10.

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

Analyst Ratings Changes

Several brokerages have recently weighed in on SSE. UBS Group reissued a “neutral” rating and set a GBX 2,350 price objective on shares of SSE in a report on Friday, January 23rd. Deutsche Bank Aktiengesellschaft increased their price target on SSE from GBX 2,350 to GBX 2,500 and gave the stock a “buy” rating in a research report on Monday, January 19th. Citigroup boosted their target price on shares of SSE from GBX 1,997 to GBX 2,036 and gave the stock a “sell” rating in a research note on Monday. Barclays reiterated an “overweight” rating and issued a GBX 2,500 price target on shares of SSE in a report on Thursday, October 16th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 2,425 target price on shares of SSE in a research report on Tuesday, November 4th. Five equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,359.43.

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.