SSE ORD 50P – Consensus Indicates Potential -10.1% Downside

Broker Ratings

SSE ORD 50P with EPIC code (LON:SSE) now have 12 analysts covering the company.The range between the high target price and low target price is between £15.00 and £11.8 with the average target price sitting at £13.24. Given that the previous closing share price was at £14.73 this would indicate that there is a downside of -10.1%. The 50 day MA is £15.26 and the 200 day MA is £14.83. The company has a market cap of £15b. Company Website: http://www.sse.com

SSE engages in the generation, transmission, distribution, and supply of electricity. It generates electricity from water, gas, coal, oil, and multi fuel. The company distributes electricity to approximately 3.8 million homes and businesses across the north of the central belt of Scotland and central southern England; and owns, operates and, develops high voltage electricity transmission system in the north of Scotland and remote islands. It also produces, stores, distributes, and supplies gas. In addition, it engages in electricity and utility contracting, telecommunications, energy trading, insurance, and property holding businesses. The company was formerly known as Scottish and Southern Energy and changed its name to SSE in September 2011. SSE was incorporated in 1989 and is based in Perth, the United Kingdom.

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