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SSE PLC 5.6% Potential Decrease Indicated by Deutsche Bank

SSE PLC using EPIC/TICKER code (LON:SSE) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SELL’ today by analysts at Deutsche Bank. SSE PLC are listed in the Utilities sector within UK Main Market. Deutsche Bank have set a target price of 1250 GBX on its stock. This is indicating the analyst believes there is a potential downside of -5.6% from the opening price of 1323.5 GBX. Over the last 30 and 90 trading days the company share price has increased 10.5 points and decreased 71.5 points respectively. The 1 year high for the stock price is 1570 GBX while the 52 week low for the share price is 1272.97 GBX.

SSE PLC has a 50 day moving average of 1,349.19 GBX and a 200 day moving average of 1,423.98. There are currently 1,014,363,429 shares in issue with the average daily volume traded being 3,312,108. Market capitalisation for LON:SSE is £13,470,441,731 GBP.