SSE (LON:SSE) Receives Neutral Rating from UBS Group
UBS Group reaffirmed their neutral rating on shares of SSE (LON:SSE) in a research note released on Monday, ThisIsMoney.Co.Uk reports.
SSE has been the topic of a number of other reports. Deutsche Bank reiterated a hold rating on shares of SSE in a research report on Friday, July 12th. Barclays reiterated an underweight rating on shares of SSE in a research report on Wednesday, June 19th. Sanford C. Bernstein cut their price objective on SSE from GBX 1,360 ($17.77) to GBX 1,305 ($17.05) and set an outperform rating on the stock in a research report on Thursday, June 6th. Morgan Stanley upgraded SSE to an overweight rating and lifted their price objective for the stock from GBX 1,255 ($16.40) to GBX 1,290 ($16.86) in a research report on Tuesday, September 10th. Finally, Goldman Sachs Group cut their price objective on SSE from GBX 1,357 ($17.73) to GBX 1,293 ($16.90) and set a buy rating on the stock in a research report on Thursday, June 6th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the stock. SSE has a consensus rating of Hold and an average price target of GBX 1,201.50 ($15.70).
SSE opened at GBX 1,239.50 ($16.20) on Monday. The stock’s 50 day simple moving average is GBX 1,131.17 and its 200 day simple moving average is GBX 1,135.65. The company has a debt-to-equity ratio of 167.40, a current ratio of 1.03 and a quick ratio of 0.41. SSE has a 1 year low of GBX 997.80 ($13.04) and a 1 year high of GBX 1,239 ($16.19). The firm has a market cap of $12.59 billion and a price-to-earnings ratio of 8.99.
SSE plc engages in the generation, transmission, distribution, and supply of electricity. The company operates through three segments: Wholesale, Networks, and Retail. It generates electricity from gas, oil, coal, water, and wind. The company transmits and distributes electricity to approximately 3.7 million homes and businesses across the north of the central belt of Scotland and also central southern England; owns and maintains 132 kilovolts (KV), 275kV, and 400kV electricity transmission network; and manages 130,000 kilometers of overhead lines and underground cables, 106,000 substations, and approximately 100 subsea cables.
Featured Article: What is meant by a buy rating?
Receive News & Ratings for SSE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SSE and related companies with MarketBeat.com's FREE daily email newsletter.