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SSE PLC 22.5% Potential Upside Indicated by Goldman Sachs

SSE PLC using EPIC/TICKER code (LON:SSE) had its stock rating noted as ‘Resumes’ with the recommendation being set at ‘BUY’ today by analysts at Goldman Sachs. SSE PLC are listed in the Utilities sector within UK Main Market. Goldman Sachs have set their target price at 1298 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 22.5% from the opening price of 1060 GBX. Over the last 30 and 90 trading days the company share price has increased 10 points and decreased 75 points respectively. The 1 year high stock price is 1449.5 GBX while the 52 week low for the share price is 1026.5 GBX.

SSE PLC has a 50 day moving average of 1,118.87 GBX and a 200 Day Moving Average share price is recorded at 1,251.67. There are currently 1,026,537,632 shares in issue with the average daily volume traded being 4,007,063. Market capitalisation for LON:SSE is £11,068,025,492 GBP.