SSE’s share price has fluctuated over the past year, reaching a 52-week high of £2019.09 in September 2024, but recovering to £1867.50 as of the current date.
SSE PLC has secured approval from the Scottish government to develop the world’s largest offshore wind farm, the Berwick Bank project, which is expected to significantly contribute to the UK’s renewable energy landscape.
SSE PLC has experienced significant growth over the past three years, with its stock value increasing and analysts and investment banks revising their price targets upwards.
SSE PLC has announced a 5-year investment plan to build infrastructure, create jobs, and boost innovation in response to the UK government’s Modern Industrial Strategy.
The SSE share price analysis suggests that the stock is overvalued, trading at a 67% premium to its book value, and investors should exercise caution before investing.