SSE (SSE) Stock Forecast & Price Target

GBX 1,729.14 +19.14 (+1.12%)

(As of 11/15/2024 12:32 PM ET)

SSE - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy

Based on 4 Analyst Ratings

Sell
0

Hold
0

Buy
4

Based on 4 Wall Street analysts who have issued ratings for SSE in the last 12 months, the stock has a consensus rating of "Buy." Out of the 4 analysts, 4 have given a buy rating for SSE.

Consensus Price Target

GBX 2,043.75

According to the 4 analysts' twelve-month price targets for SSE, the average price target is GBX 2,043.75. The highest price target for SSE is GBX 2,075, while the lowest price target for SSE is GBX 2,000. The average price target represents a forecasted upside of 18.19% from the current price of GBX 1,729.14.

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SSE Analyst Ratings Over Time

Type	Current Forecast 11/18/23 to 11/17/24	1 Month Ago 10/19/23 to 10/18/24	3 Months Ago 8/20/23 to 8/19/24	1 Year Ago 11/18/22 to 11/18/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	4 Buy rating(s)	4 Buy rating(s)	7 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	GBX 2,043.75	GBX 2,043.75	GBX 2,043.75	GBX 1,946.13
Consensus Rating	Buy	Buy	Buy	Moderate Buy

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SSE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

SSE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

SSE Stock vs. The Competition

Type	SSE	Utilities Companies
Consensus Rating Score	3.00	2.50
Consensus Rating	Buy	Moderate Buy
News Sentiment Rating	Neutral News See Recent SSE News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
7/5/2024	JPMorgan Chase & Co. 3 of 5 stars	Reiterated Rating	Overweight
5/28/2024	Jefferies Financial Group 2 of 5 stars	Reiterated Rating	Buy	GBX 2,050	+16.78%
3/1/2024	Berenberg Bank 2 of 5 stars	Lower Target	Buy	GBX 2,300 ➝ GBX 2,000	+22.18%
11/23/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform	GBX 1,950 ➝ GBX 2,050	+13.35%
5/25/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy	GBX 2,050	+9.65%
3/8/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy
1/19/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	GBX 1,650 ➝ GBX 1,950	+14.35%
12/1/2022	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Overweight	GBX 1,835	+6.46%
11/18/2022	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral	GBX 1,664	-2.83%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 06:31 PM ET.

Should I Buy SSE Stock? SSE Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, November 4, 2024. Please send any questions or comments about these SSE pros and cons to contact@marketbeat.com.

SSE
Bull Case

Here are some ways that investors could benefit from investing in SSE plc:

SSE plc's stock price recently hit a new 1-year high at GBX 2,003.00, indicating positive momentum and potential for further growth.
The company has a market capitalization of £21.73 billion, showcasing its stability and presence in the market.
Insider transactions, such as insider Martin Pibworth purchasing shares, can signal confidence in the company's future performance.
Analyst ratings, like JPMorgan Chase & Co. reaffirming an "overweight" rating, provide external validation of SSE plc's prospects.
SSE plc engages in the generation, transmission, distribution, and supply of electricity, a sector with consistent demand and essential services.

SSE
Bear Case

Investors should be bearish about investing in SSE plc for these reasons:

The company's price-to-earnings ratio of 1,277.88 may indicate an overvaluation compared to industry peers, potentially leading to a correction.
SSE plc's debt-to-equity ratio of 78.20 suggests a high level of debt, which can pose risks during economic downturns or interest rate hikes.
The company's P/E/G ratio of 3.14 indicates a higher growth expectation relative to its current valuation, which could lead to volatility in the stock price.
While the stock has shown positive movement, the beta of 0.56 implies lower volatility compared to the market, potentially limiting short-term gains.
Recent fluctuations in the stock price crossing above the 200-day moving average may signal a potential reversal or consolidation phase.

SSE Forecast - Frequently Asked Questions

: According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for SSE is GBX 2,043.75, with a high forecast of GBX 2,075 and a low forecast of GBX 2,000.
: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SSE in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SSE shares.
: According to analysts, SSE's stock has a predicted upside of 18.19% based on their 12-month stock forecasts.
: Analysts like SSE more than other "utilities" companies. The consensus rating for SSE is Buy while the average consensus rating for "utilities" companies is Moderate Buy. Learn more on how SSE compares to other companies.

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This page (LON:SSE) was last updated on 11/17/2024 by MarketBeat.com Staff

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SSE (SSE) Stock Forecast & Price Target