Insider Buying: SSE (LON:SSE) Insider Buys 9 Shares of Stock

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

SSE Stock Performance

Shares of SSE stock opened at GBX 2,187 on Tuesday. The company’s fifty day moving average price is GBX 2,087.46 and its two-hundred day moving average price is GBX 1,894.17. The company has a debt-to-equity ratio of 82.62, a current ratio of 1.10 and a quick ratio of 0.50. The firm has a market capitalization of £26.25 billion, a P/E ratio of 25.17, a P/E/G ratio of 3.06 and a beta of 0.56. SSE plc has a 12 month low of GBX 1,446.89 and a 12 month high of GBX 2,307.

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

Analysts Set New Price Targets

SSE has been the subject of a number of research analyst reports. Barclays restated an “overweight” rating and issued a GBX 2,500 price target on shares of SSE in a research note on Thursday, October 16th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of SSE from GBX 2,000 to GBX 2,350 and gave the stock a “buy” rating in a research report on Friday, November 14th. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 2,425 target price on shares of SSE in a research note on Tuesday, November 4th. UBS Group reaffirmed a “buy” rating and set a GBX 2,200 price target on shares of SSE in a research report on Friday, November 7th. Finally, Royal Bank Of Canada boosted their price objective on SSE from GBX 2,200 to GBX 2,475 and gave the company an “outperform” rating in a report on Friday, November 14th. Six 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, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,311.

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.