SSP Group (LON:SSPG) Stock Rating Reaffirmed by Shore Capital

SSP Group (LON:SSPGGet Rating)‘s stock had its “buy” rating reaffirmed by research analysts at Shore Capital in a research note issued on Friday, Marketbeat reports.

A number of other research analysts have also weighed in on SSPG. JPMorgan Chase & Co. dropped their target price on SSP Group from GBX 340 ($3.93) to GBX 320 ($3.70) and set an “overweight” rating on the stock in a report on Wednesday, September 28th. Deutsche Bank Aktiengesellschaft dropped their target price on SSP Group from GBX 265 ($3.06) to GBX 250 ($2.89) and set a “hold” rating on the stock in a report on Wednesday, September 28th. Berenberg Bank restated a “buy” rating and issued a GBX 300 ($3.47) target price on shares of SSP Group in a report on Friday, August 5th. Finally, Barclays restated an “overweight” rating and issued a GBX 290 ($3.35) target price on shares of SSP Group in a report on Wednesday, September 28th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, SSP Group has an average rating of “Moderate Buy” and an average price target of GBX 315 ($3.64).

SSP Group Stock Up 2.9 %

Shares of LON:SSPG opened at GBX 214 ($2.47) on Friday. SSP Group has a 52-week low of GBX 181.45 ($2.10) and a 52-week high of GBX 307.60 ($3.56). The company has a debt-to-equity ratio of 558.60, a quick ratio of 0.70 and a current ratio of 0.74. The business’s 50 day simple moving average is GBX 206.18 and its two-hundred day simple moving average is GBX 229.46. The firm has a market cap of £1.70 billion and a P/E ratio of -13.72.

SSP Group Company Profile

(Get Rating)

SSP Group plc operates food and beverage outlets. The company operates outlets at airports, railway stations, motorway service areas, hospitals, and shopping centers. It operates approximately 550 brands in 36 countries in the United Kingdom, Europe, North America, and internationally. SSP Group plc was incorporated in 2006 and is headquartered in London, the United Kingdom.

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