SSP Group (OTCMKTS:SSPPF) PT Lowered to GBX 325 at UBS Group

SSP Group (OTCMKTS:SSPPFGet Rating) had its price target reduced by investment analysts at UBS Group from GBX 355 ($4.17) to GBX 325 ($3.82) in a report issued on Friday, The Fly reports.

SSPPF has been the topic of a number of other research reports. Morgan Stanley upped their target price on SSP Group from GBX 340 ($4.00) to GBX 350 ($4.11) in a research note on Wednesday, September 28th. JPMorgan Chase & Co. reduced their target price on SSP Group from GBX 340 ($4.00) to GBX 320 ($3.76) in a research note on Wednesday, September 28th. Jefferies Financial Group reduced their target price on SSP Group from GBX 350 ($4.11) to GBX 325 ($3.82) in a research note on Tuesday, October 4th. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on SSP Group from GBX 265 ($3.11) to GBX 250 ($2.94) in a research note on Wednesday, September 28th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $302.86.

SSP Group Stock Performance

Shares of OTCMKTS:SSPPF opened at $2.37 on Friday. The business’s 50 day simple moving average is $2.43 and its 200-day simple moving average is $2.72. The company has a debt-to-equity ratio of 4.86, a current ratio of 0.74 and a quick ratio of 0.70. SSP Group has a 12 month low of $2.12 and a 12 month high of $4.00.

SSP Group Company Profile

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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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Analyst Recommendations for SSP Group (OTCMKTS:SSPPF)

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