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SSE PLC 4.3% Potential Decrease Indicated by JP Morgan Cazenove

SSE PLC with EPIC/TICKER (LON:SSE) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at JP Morgan Cazenove. SSE PLC are listed in the Utilities sector within UK Main Market. JP Morgan Cazenove have set their target price at 1250 GBX on its stock. This would indicate that the analyst believes there is a downside of -4.3% from today’s opening price of 1305.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 5 points and increased 197 points respectively. The 1 year high stock price is 1335 GBX while the 52 week low is 997.8 GBX.

SSE PLC has a 50 day moving average of 1,268.89 GBX and a 200 day moving average of 1,179.67. There are currently 1,034,859,354 shares in issue with the average daily volume traded being 3,928,004. Market capitalisation for LON:SSE is £13,770,109,911 GBP.