SSE (LON:SSE) Stock Rating Reaffirmed by Deutsche Bank
SSE (LON:SSE)‘s stock had its “hold” rating reaffirmed by equities researchers at Deutsche Bank in a report released on Friday, ThisIsMoney.Co.Uk reports.
Other equities research analysts have also issued reports about the stock. JPMorgan Chase & Co. lowered their price target on shares of National Grid from GBX 1,000 ($13.07) to GBX 960 ($12.54) and set an “overweight” rating for the company in a report on Thursday, May 23rd. Morgan Stanley set a $60.00 price target on shares of Berry Global Group and gave the stock a “hold” rating in a report on Wednesday, April 17th. UBS Group cut shares of Ecolab from a “buy” rating to a “neutral” rating and boosted their price objective for the company from $180.00 to $186.00 in a research report on Thursday, April 18th. Goldman Sachs Group raised shares of Exelon from a “neutral” rating to a “buy” rating and upped their price objective for the company from $48.00 to $52.00 in a research note on Thursday, June 6th. Finally, Macquarie raised shares of AGL Energy from an “underperform” rating to a “neutral” rating in a research note on Monday, June 17th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company. SSE has an average rating of “Hold” and a consensus price target of GBX 1,220.79 ($15.95).
Shares of SSE stock opened at GBX 1,144 ($14.95) on Friday. 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 52-week low of GBX 997.80 ($13.04) and a 52-week high of GBX 1,401.50 ($18.31). The company has a market capitalization of $11.80 billion and a PE ratio of 8.30. The business has a 50 day moving average price of GBX 1,110.59.
SSE Company Profile
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.
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