SSE stock holds near GBX 2,375 after BofA buy note

SSE plc stock (GB0007908733) traded at GBX 2,375 on September 3, 2026, after Bank of America kept its Buy view on the company after an investor event on electricity transmission. MarketBeat also puts the market capitalization at GBP 28.65 billion and the year-to-date gain at 9.0 percent as of September 3, 2026.

Investor focus shifts to networks

The catalyst is the transmission story, not a headline earnings surprise. MarketBeat lists a consensus price target of GBX 2,570.86, only 8.2 percent above the latest quote, and a consensus rating of Moderate Buy.

The same page shows a 52-week range of GBX 1,605 to GBX 2,767.50, with volume at 3.29 million shares and a P/E ratio of 22.53. That leaves the stock below the top of its yearly range, but not far from the 52-week high.

Latest reported numbers

For the latest reported quarter, MarketBeat says SSE released earnings on May 28, 2026 and reported EPS of 153.50 and revenue of USD 10.19 billion. It also lists trailing-twelve-month net margin at 11.87 percent and return on equity at 9.45 percent.

Those figures give the market a simple frame: the stock is trading on a 22.53 P/E, with a 2.86 percent dividend yield and 66.13 percent institutional ownership. A first.

Networks and renewables

SSE remains a UK and Ireland utilities group with transmission, distribution, renewables and flexibility assets at its core. MarketBeat describes the company as a generator of renewables and flexible energy and says it is investing around GBP 33 billion in critical electricity infrastructure through 2030.

Price and valuation

As of September 3, 2026, the stock was at GBX 2,375 on the London Stock Exchange. On the same date, MarketBeat showed a market capitalization of GBP 28.65 billion and a 52-week range from GBX 1,605 to GBX 2,767.50.