Jefferies Financial Group reiterated their buy rating on shares of SSP Group (LON:SSPG – Get Rating) in a report issued on Tuesday morning, Digital Look reports. Jefferies Financial Group currently has a GBX 325 ($4.02) target price on the stock.
Other equities research analysts have also recently issued reports about the company. Berenberg Bank reaffirmed a buy rating and set a GBX 300 ($3.71) price target on shares of SSP Group in a report on Monday, December 12th. Deutsche Bank Aktiengesellschaft reiterated a hold rating and issued a GBX 250 ($3.10) price objective on shares of SSP Group in a research report on Thursday, December 15th. Barclays reiterated an overweight rating and issued a GBX 290 ($3.59) price objective on shares of SSP Group in a research report on Wednesday, December 7th. Shore Capital reiterated a house stock rating on shares of SSP Group in a research report on Thursday, December 1st. Finally, JPMorgan Chase & Co. decreased their price objective on SSP Group from GBX 340 ($4.21) to GBX 320 ($3.96) and set an overweight rating on the stock in a research report on Wednesday, September 28th. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, SSP Group has a consensus rating of Moderate Buy and a consensus price target of GBX 305.83 ($3.79).
SSP Group Trading Up 1.5 %
SSPG stock opened at GBX 268.70 ($3.33) on Tuesday. The business has a fifty day moving average price of GBX 231.06 and a 200 day moving average price of GBX 224.76. SSP Group has a fifty-two week low of GBX 181.45 ($2.25) and a fifty-two week high of GBX 307.60 ($3.81). The stock has a market capitalization of £2.14 billion and a price-to-earnings ratio of -16.97. The company has a debt-to-equity ratio of 544.86, a current ratio of 0.69 and a quick ratio of 0.66.
About SSP Group
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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