SSE PLC 6.8% Potential Decrease Indicated by JP Morgan Cazenove

Broker Ratings

SSE PLC with EPIC/TICKER (LON:SSE) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today by analysts at JP Morgan Cazenove. SSE PLC are listed in the Utilities sector within UK Main Market. JP Morgan Cazenove have set a target price of 1100 GBX on its stock. This is indicating the analyst believes there is a potential downside of -6.8% from the opening price of 1180.5 GBX. Over the last 30 and 90 trading days the company share price has increased 67.5 points and increased 70 points respectively. The 52 week high for the stock is 1239 GBX while the year low stock price is currently 997.8 GBX.

SSE PLC has a 50 day moving average of 1,137.64 GBX and a 200 day moving average of 1,143.80. There are currently 1,021,253,788 shares in issue with the average daily volume traded being 4,364,285. Market capitalisation for LON:SSE is £12,203,982,766 GBP.

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