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SSE ( (GB:SSE) ) has issued an update.
SSE PLC announced that it has executed a transaction involving the purchase and awarding of ordinary shares to its directors and persons discharging managerial responsibilities (PDMRs) under its all-employee Share Incentive Plan. This move, compliant with the Market Abuse Regulation, signifies the company’s commitment to aligning the interests of its management with those of its shareholders, potentially enhancing stakeholder confidence and reinforcing its market position.
The most recent analyst rating on (GB:SSE) stock is a Buy with a £2175.00 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 Neutral.
SSE’s overall stock score is driven by a strong earnings call performance, highlighting robust growth in networks and renewables. However, financial performance shows mixed results with cash flow concerns, and technical analysis indicates bearish momentum. The valuation remains reasonable, supported by a solid dividend yield.
To see Spark’s full report on GB:SSE stock, click here.
More about SSE
SSE PLC is a prominent company in the energy sector, primarily involved in the generation, transmission, distribution, and supply of electricity and gas. It operates extensively in the UK and Ireland, focusing on renewable energy and sustainable energy solutions.
Average Trading Volume: 3,078,408
Technical Sentiment Signal: Hold
Current Market Cap: £18.16B
For detailed information about SSE stock, go to TipRanks’ Stock Analysis page.