SSE (LON:SSE) Insider Purchases £224.64 in Stock

SSE plc (LON:SSE) insider Barry O’Regan bought 9 shares of the company’s stock in a transaction that occurred on Tuesday, December 23rd. The stock was purchased at an average price of GBX 2,496 per share, for a total transaction of £224.64.

SSE Price Performance

Shares of LON:SSE opened at GBX 2,179 on Friday. SSE plc has a twelve month low of GBX 1,446.89 and a twelve month high of GBX 2,307. The company has a current ratio of 1.10, a quick ratio of 0.50 and a debt-to-equity ratio of 82.62. The company has a market cap of £26.15 billion, a PE ratio of 25.07, a price-to-earnings-growth ratio of 3.06 and a beta of 0.56. The company’s 50 day moving average is GBX 2,104.40 and its 200 day moving average is GBX 1,900.77.

SSE (LON:SSE) last released its quarterly earnings data 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%. On average, sell-side analysts forecast that SSE plc will post 163.8865004 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have weighed in on SSE shares. Royal Bank Of Canada lifted their price objective on shares of SSE from GBX 2,200 to GBX 2,475 and gave the company an “outperform” rating in a report on Friday, November 14th. UBS Group restated a “buy” rating and issued a GBX 2,200 price target on shares of SSE in a research note on Friday, November 7th. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 2,425 price target on shares of SSE in a research report on Tuesday, November 4th. Citigroup cut SSE to a “sell” rating and set a GBX 1,997 price objective for the company. in a research report on Friday, November 14th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 2,230 target price on shares of SSE in a research note on Thursday, October 23rd. Six equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, SSE currently has an average rating of “Moderate Buy” and an average price target of GBX 2,311.

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.