SSE PLC 19% Potential Decrease Indicated by Citigroup

Broker Ratings
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SSE PLC with EPIC/TICKER (LON:SSE) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SELL’ today by analysts at Citigroup. SSE PLC are listed in the Utilities sector within UK Main Market. Citigroup have set a target price of 1120 GBX on its stock. This indicates the analyst believes there is a potential downside of -19.0% from today’s opening price of 1382.5 GBX. Over the last 30 and 90 trading days the company share price has increased 100 points and increased 237.5 points respectively. The 52 week high for the stock is 1703 GBX while the year low share price is currently 1057.5 GBX.

SSE PLC has a 50 day moving average of 1,296.87 GBX and a 200 Day Moving Average share price is recorded at 1,370.69. There are currently 1,039,408,064 shares in issue with the average daily volume traded being 4,016,758. Market capitalisation for LON:SSE is £14,068,388,146 GBP.

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