SSE (LON:SSE) Earns Overweight Rating from JPMorgan Chase & Co.

SSE (LON:SSE)‘s stock had its “overweight” rating restated by equities research analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Tuesday,London Stock Exchange reports. They currently have a GBX 2,425 price objective on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 29.01% from the stock’s current price.

Other equities analysts have also issued research reports about the company. Barclays reiterated an “overweight” rating and issued a GBX 2,500 target price on shares of SSE in a research note on Thursday, October 16th. Jefferies Financial Group restated a “buy” rating and set a GBX 2,230 price target on shares of SSE in a research note on Thursday, October 23rd. Three equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of GBX 2,385.

SSE Stock Down 1.1%

SSE traded down GBX 20.85 on Tuesday, hitting GBX 1,879.65. The company had a trading volume of 2,425,959 shares, compared to its average volume of 13,549,688. The stock has a fifty day moving average price of GBX 1,762.76 and a 200-day moving average price of GBX 1,775.86. SSE has a 12-month low of GBX 1,446.89 and a 12-month high of GBX 1,980.52. The company has a debt-to-equity ratio of 82.62, a quick ratio of 0.50 and a current ratio of 1.10. The stock has a market capitalization of £20.70 billion, a price-to-earnings ratio of 17.39, a P/E/G ratio of 3.06 and a beta of 0.56.

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.