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SSE PLC 11.9% Potential Upside Indicated by HSBC

SSE PLC using EPIC/TICKER code (LON:SSE) had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ today by analysts at HSBC. SSE PLC are listed in the Utilities sector within UK Main Market. HSBC have set a target price of 1480 GBX on its stock. This indicates the analyst now believes there is a potential upside of 11.9% from today’s opening price of 1322.5 GBX. Over the last 30 and 90 trading days the company share price has increased 101 points and increased 161 points respectively. The 1 year high stock price is 1327 GBX while the 52 week low for the share price is 997.8 GBX.

SSE PLC has a 50 day moving average of 1,204.71 GBX and a 200 day moving average of 1,165.25. There are currently 1,037,526,514 shares in issue with the average daily volume traded being 5,493,527. Market capitalisation for LON:SSE is £13,742,038,677 GBP.