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SSE PLC 5.9% Potential Upside Indicated by Berenberg

SSE PLC using EPIC/TICKER code (LON:SSE) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘HOLD’ this morning by analysts at Berenberg. SSE PLC are listed in the Utilities sector within UK Main Market. Berenberg have set their target price at 1350 GBX on its stock. This is indicating the analyst believes there is a potential upside of 5.9% from today’s opening price of 1275 GBX. Over the last 30 and 90 trading days the company share price has increased 35 points and increased 187.5 points respectively. The 1 year high for the share price is 1331 GBX while the 52 week low for the share price is 997.8 GBX.

SSE PLC has a 50 day moving average of 1,249.06 GBX and a 200 Day Moving Average share price is recorded at 1,175.22. There are currently 1,035,997,313 shares in issue with the average daily volume traded being 4,399,524. Market capitalisation for LON:SSE is £12,991,406,305 GBP.