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SSE ( (GB:SSE) ) has issued an update.
SSE plc has announced the Scrip reference price for its Scrip Dividend Scheme, set at 1,849 pence per share, for shareholders opting to receive shares instead of cash for the final dividend of the year ending March 31, 2025. This initiative allows shareholders to increase their holdings, potentially enhancing shareholder value and maintaining capital within the company, which could strengthen SSE’s financial position and market standing.
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
SSE plc operates in the energy industry, focusing on the generation, transmission, and distribution of electricity and gas. The company is a significant player in the UK energy market, providing essential services to a wide range of consumers.
Average Trading Volume: 3,464,426
Technical Sentiment Signal: Strong Buy
Current Market Cap: £20.35B
For detailed information about SSE stock, go to TipRanks’ Stock Analysis page.