SSE PLC 25.3% potential upside indicated by JP Morgan Cazenove

SSE PLC with ticker (LON:SSE) now has a potential upside of 25.3% according to JP Morgan Cazenove.



JP Morgan Cazenove set a target price of 2,075 GBX for the company, which when compared to the SSE PLC share price of 1,656 GBX at opening today (26/04/2024) indicates a potential upside of 25.3%. Trading has ranged between 1,485 (52 week low) and 1,933 (52 week high) with an average of 2,565,565 shares exchanging hands daily. The market capitalisation at the time of writing is £18,140,235,960.

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.