SSE PLC 11.4% potential upside indicated by Jefferies

SSE PLC with ticker (LON:SSE) now has a potential upside of 11.4% according to Jefferies.

SSE.L

Jefferies set a target price of 2,050 GBX for the company, which when compared to the SSE PLC share price of 1,841 GBX at opening today (21/06/2024) indicates a potential upside of 11.4%. Trading has ranged between 1,485 (52 week low) and 1,933 (52 week high) with an average of 3,531,519 shares exchanging hands daily. The market capitalisation at the time of writing is £20,141,533,200.

SSE plc is a United Kingdom-based company, which is focused on regulated electricity networks and renewables. The Company develops, owns and operates low-carbon infrastructure to support the zero-carbon transition. This includes onshore and offshore wind farms, hydro schemes, electricity transmission and distribution networks, flexible power stations, carbon capture and hydrogen storage, solar, and battery storage, as well as providing energy products and services for businesses and other customers. Its segments include SSEN Transmission, SSEN Distribution, SSE Renewables, SSE Thermal, Gas Storage, GB Business Energy, SSE Airtricity, SSE Enterprise, and SSE Energy Markets. SSEN Transmission owns, operates and develops the high voltage electricity transmission system in the North of Scotland and its islands. SSEN Distribution is responsible for maintaining the electricity distribution networks supplying homes and businesses across central southern England and the North of Scotland.