SSP Group plc (LON:SSPG – Get Free Report) has been assigned a consensus rating of “Hold” from the five ratings firms that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is GBX 233.
A number of equities analysts have commented on the company. Citigroup lifted their target price on SSP Group from GBX 320 to GBX 330 and gave the company a “buy” rating in a research note on Wednesday, July 30th. Berenberg Bank raised SSP Group to a “buy” rating and raised their price target for the stock from GBX 180 to GBX 190 in a report on Thursday, September 11th. Shore Capital restated a “house stock” rating on shares of SSP Group in a research note on Tuesday, July 29th. JPMorgan Chase & Co. cut their target price on SSP Group from GBX 200 to GBX 190 and set a “neutral” rating on the stock in a research note on Thursday, August 7th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 285 price target on shares of SSP Group in a report on Wednesday, July 30th.
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SSP Group Trading Up 1.4%
SSP Group stock opened at GBX 157 on Thursday. SSP Group has a 1 year low of GBX 134.10 and a 1 year high of GBX 196.30. The firm’s 50-day moving average is GBX 164.20 and its 200-day moving average is GBX 161. The company has a debt-to-equity ratio of 852.29, a quick ratio of 0.66 and a current ratio of 0.44. The company has a market cap of £1.26 billion, a P/E ratio of -5,233.33, a PEG ratio of -0.77 and a beta of 1.88.
SSP Group Company Profile
(Get Free Report)
SSP is a leading operator of food and beverage outlets in travel locations worldwide, with c.37,000 colleagues in over 600 locations across 36 countries. We operate sit-down and quick service restaurants, cafes, lounges and food-led convenience stores, principally in airports and train stations, with a portfolio of more than 550 international, national and local brands.
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