SSE (SSE.L) 23-01-20
Will shares in SSE (SSE.L) continue to new highs?
- The share price performance has been very strong, now trading at 1511.5p (at time of writing), .
- Will we see an end to the trend, or is the momentum set to continue?
- Could this be the ideal opportunity for those seeking a momentum play?
- Whilst the trend has been relentless, remember that strong past performance may not always continue.
- Technical traders should be mindful of new events, which can influence price action. Check our website and news outlets for updates.
- Shares -0% from 12-month highs; +50% from 12 month lows.
Latest News
20 Jan: Gregor Alexander, Financial Director, exercised 2,213 shares in the firm on the 17th January 2020 at a price of 1247.00p. This Director currently has 208,768 shares.
15 Jan: SSE, the utility group, announced that it had finalised the sale of SSE Energy Services to OVO Energy for £500m inclusive of debt. Regulators had approved the deal.
10 Jan: Exane BNP Paribas reiterates its outperform rating on SSE (SSE) and increased the target price to 1600p (from 1400p).
09 Jan: Bernstein reiterates its outperform rating on SSE (SSE) and increased the target price to 1600p (from 1450p).
07 Jan: Goldman Sachs has downgraded its rating on SSE (SSE) to neutral (from buy) and increased the target price to 1461p (from 1369p).
19 Dec: Deutsche Bank reiterates its hold rating on SSE (SSE) and increased the target price to 1400p (from 1300p).
16 Dec: HSBC reiterates its buy rating on SSE (SSE) and increased the target price to 1510p (from 1480p).
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires