SSE plc
LSE:SSE

Jigglypop Analysis For SSE plc 🤓

SSE plc trades at 2,310p, brushing its 52-week high of 2,326p and miles above the 1,447p low. With the price well over the 50- and 200-day averages, momentum is dominant. On this range, it isn’t a value play; buyers here are paying up, edging into speculative territory if chasing a breakout. That said, fundamentals are supportive: a CPI-linked 20-year CfD for Berwick Bank B (1.38 GW) de-risks growth, phases A and C still to come, and Barclays' overweight plus fresh green financing for SSEN Transmission underpin the investment case. Near-term upside likely hinges on continued rate relief and project execution. Bottom line: strong story, limited margin of safety at the top of the range. Not one for bargain hunters.

About SSE plc 👋

SSE plc is involved in producing, transmitting, distributing, and supplying electricity. It delivers power to about 3.9 million households and businesses in southern central England and northern Scotland; and it owns, develops, and operates the high-voltage electricity transmission network in northern Scotland and other areas. Its broad portfolio includes onshore and offshore wind farms, hydroelectric power, solar and battery assets, flexible thermal generation, and electricity transmission and distribution networks. The company also provides energy products and services, and invests in, develops, builds, and manages electricity infrastructure and related businesses. Formerly known as Scottish and Southern Energy plc, it adopted the name SSE plc in September 2011. SSE plc was established in 1989 and is headquartered in Perth, United Kingdom.