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An update from SSE ( (GB:SSE) ) is now available.
SSE PLC announced a transaction involving the purchase and awarding of ordinary shares under its Irish all-employee Share Incentive Plan. This transaction, conducted on behalf of Director Barry O’Regan, involved the acquisition of 18 shares, comprising both partnership and matching shares, at a price of €20.775639 per share. The move is part of the company’s regular quarterly share purchase initiative, demonstrating SSE’s ongoing commitment to employee investment and engagement.
The most recent analyst rating on (GB:SSE) stock is a Buy with a £21.00 price target. To see the full list of analyst forecasts on SSE stock, see the GB:SSE Stock Forecast page.
Spark’s Take on GB:SSE Stock
According to Spark, TipRanks’ AI Analyst, GB:SSE is a Outperform.
SSE’s overall stock score is driven by strong earnings growth and positive guidance from the earnings call, which highlights significant achievements in the networks and renewables sectors. However, financial performance shows mixed results with concerns over cash flow management, and technical indicators suggest potential bearish momentum. Valuation remains attractive with a reasonable P/E ratio and a solid dividend yield.
To see Spark’s full report on GB:SSE stock, click here.
More about SSE
SSE PLC is a leading energy company operating in the utilities sector, primarily focusing on the generation, transmission, distribution, and supply of electricity and gas. The company is known for its commitment to sustainable energy solutions and operates extensively in the UK and Ireland markets.
Average Trading Volume: 2,981,586
Technical Sentiment Signal: Strong Buy
Current Market Cap: £19.51B
Find detailed analytics on SSE stock on TipRanks’ Stock Analysis page.