Sse Plc (LON:SSE) insider Gregor Alexander bought 12 shares of the stock in a transaction dated Wednesday, November 6th. The shares were purchased at an average cost of GBX 1,273 ($16.63) per share, for a total transaction of £152.76 ($199.61).
Shares of SSE stock opened at GBX 1,250 ($16.33) on Friday. The stock has a fifty day simple moving average of GBX 1,272.48 and a 200 day simple moving average of GBX 1,157.89. Sse Plc has a 12-month low of GBX 997.80 ($13.04) and a 12-month high of GBX 1,331 ($17.39). The company has a market capitalization of $12.98 billion and a P/E ratio of 9.06. The company has a current ratio of 1.03, a quick ratio of 0.41 and a debt-to-equity ratio of 167.40.
A number of equities analysts have recently weighed in on the company. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 1,320 ($17.25) target price (down from GBX 1,370 ($17.90)) on shares of SSE in a research report on Thursday, September 19th. Berenberg Bank lowered SSE to a “hold” rating and upped their target price for the stock from GBX 1,280 ($16.73) to GBX 1,350 ($17.64) in a research report on Thursday. Credit Suisse Group lowered their target price on SSE from GBX 1,260 ($16.46) to GBX 1,250 ($16.33) and set an “outperform” rating on the stock in a research report on Monday, July 22nd. JPMorgan Chase & Co. upped their price target on SSE from GBX 1,050 ($13.72) to GBX 1,100 ($14.37) and gave the stock a “neutral” rating in a report on Monday, September 16th. Finally, UBS Group reiterated a “neutral” rating and set a GBX 1,300 ($16.99) price target (up previously from GBX 1,165 ($15.22)) on shares of SSE in a report on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 1,281 ($16.74).
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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