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SSE ( (GB:SSE) ) just unveiled an update.
SSE PLC, a UK-based company, has been notified of a change in major holdings by BlackRock, Inc., a US-based investment management corporation. BlackRock’s voting rights in SSE have decreased from 8.35% to 7.96%, following a disposal of shares. This adjustment in holdings could impact SSE’s shareholder dynamics and influence its corporate governance.
The most recent analyst rating on (GB:SSE) stock is a Buy with a £1930.00 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 score is driven by strong earnings guidance and strategic investments in renewables, coupled with positive technical indicators. Financial performance shows areas for improvement, particularly in cash flow management. Recent corporate events reinforce strategic alignment with clean energy goals, although valuation suggests cautious optimism.
To see Spark’s full report on GB:SSE stock, click here.
More about SSE
Average Trading Volume: 3,313,502
Technical Sentiment Signal: Strong Buy
Current Market Cap: £20.72B
Find detailed analytics on SSE stock on TipRanks’ Stock Analysis page.