JPMorgan Chase & Co. Reiterates Overweight Rating for SSE (LON:SSE)

SSE (LON:SSE)‘s stock had its “overweight” rating reissued by investment analysts at JPMorgan Chase & Co. in a research report issued on Friday, Marketbeat.com reports.

Separately, Jefferies Financial Group restated a “buy” rating and issued a GBX 2,050 ($25.93) target price on shares of SSE in a research note on Tuesday, May 28th.

SSE Stock Up 0.6 %

Shares of SSE stock opened at GBX 1,847.50 ($23.37) on Friday. The firm has a fifty day moving average of GBX 1,777.07 and a 200-day moving average of GBX 1,716.35. The company has a market capitalization of £20.14 billion, a price-to-earnings ratio of 3,485.12, a P/E/G ratio of 3.21 and a beta of 0.57. The company has a quick ratio of 0.50, a current ratio of 0.91 and a debt-to-equity ratio of 84.31. SSE has a 12-month low of GBX 1,485 ($18.78) and a 12-month high of GBX 1,932.50 ($24.44).

SSE Company Profile

SSE plc engages in the generation, transmission, distribution, and supply of electricity. It generates electricity from water, gas, coal, oil, and multi fuel. The company distributes electricity to approximately 3.8 million homes and businesses across the north of the central belt of Scotland and central southern England; and owns, operates, and develops high voltage electricity transmission system in the north of Scotland and remote islands.