Martin Pibworth Buys 19 Shares of SSE (LON:SSE) Stock

SSE plc (LON:SSE) insider Martin Pibworth acquired 19 shares of the stock in a transaction on Friday, January 30th. The shares were purchased at an average price of GBX 2,423 per share, with a total value of £460.37.

Martin Pibworth also recently made the following trade(s):

• On Tuesday, January 6th, Martin Pibworth bought 1 shares of SSE stock. The shares were acquired at an average cost of GBX 2,307 per share, with a total value of GBX 2,307.
• On Thursday, November 6th, Martin Pibworth purchased 2 shares of SSE stock. The shares were bought at an average price of GBX 1,915 per share, with a total value of GBX 3,830.

SSE Trading Down 0.2%

Shares of SSE stock traded down GBX 4 on Friday, hitting GBX 2,418. The stock had a trading volume of 38,857,109 shares, compared to its average volume of 20,633,426. The stock has a 50 day moving average of GBX 2,224.17 and a 200 day moving average of GBX 1,966.58. The firm has a market capitalization of £29.02 billion, a P/E ratio of 27.83, a PEG ratio of 3.06 and a beta of 0.56. SSE plc has a twelve month low of GBX 1,446.89 and a twelve month high of GBX 2,443. The company has a debt-to-equity ratio of 82.62, a quick ratio of 0.50 and a current ratio of 1.10.

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

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Citigroup upped their target price on shares of SSE from GBX 1,997 to GBX 2,036 and gave the stock a “sell” rating in a research note on Monday. UBS Group restated a “neutral” rating and set a GBX 2,350 price target on shares of SSE in a report on Friday, January 23rd. Deutsche Bank Aktiengesellschaft increased their price objective on shares of SSE from GBX 2,350 to GBX 2,500 and gave the company a “buy” rating in a research note on Monday, January 19th. Royal Bank Of Canada boosted their target price on SSE from GBX 2,200 to GBX 2,475 and gave the stock an “outperform” rating in a research note on Friday, November 14th. Finally, Barclays reaffirmed an “overweight” rating and set a GBX 2,500 price target on shares of SSE in a research report on Thursday, October 16th. Five analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, SSE presently has an average rating of “Moderate Buy” and an average price target of GBX 2,359.43.

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.