SSE ORD 50P – Consensus Indicates Potential -12.7% Downside

Broker Ratings
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SSE ORD 50P found using the EPIC (LON:SSE) now have 12 analysts covering the company. The target price ranges between £15.00 and £11.8 and has a mean target at £13.24. With the shares previous close at £15.17 this would imply there is a potential downside of -12.7%. There is a 50 day moving average of £15.25 and the 200 day moving average is £14.78. The company has a market cap of £16b. You can visit the company’s website by visiting: http://www.sse.com

SSE engages in the generation, transmission, distribution, and supply of electricity. It generates electricity from water, gas, coal, oil, and multi fuel. The company distributes electricity to approximately 3.8 million homes and businesses across the north of the central belt of Scotland and central southern England; and owns, operates and, develops high voltage electricity transmission system in the north of Scotland and remote islands. It also produces, stores, distributes, and supplies gas. In addition, it engages in electricity and utility contracting, telecommunications, energy trading, insurance, and property holding businesses. The company was formerly known as Scottish and Southern Energy and changed its name to SSE in September 2011. SSE was incorporated in 1989 and is based in Perth, the United Kingdom.

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