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SSE PLC 8.1% Potential Upside Indicated by HSBC

SSE PLC using EPIC/TICKER code (LON:SSE) had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘HOLD’ this morning by analysts at HSBC. SSE PLC are listed in the Utilities sector within UK Main Market. HSBC have set a target price of 1250 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 8.1% from today’s opening price of 1156 GBX. Over the last 30 and 90 trading days the company share price has increased 77 points and increased 35 points respectively. The 1 year high share 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 1,116.30 GBX and a 200 Day Moving Average share price is recorded at 1,249.36. There are currently 1,026,537,632 shares in issue with the average daily volume traded being 3,931,614. Market capitalisation for LON:SSE is £11,918,101,907 GBP.