SSP Group (LON:SSPG) Given House Stock Rating at Shore Capital

Shore Capital reaffirmed their house stock rating on shares of SSP Group (LON:SSPG) in a research report sent to investors on Thursday, MarketBeat reports.

Separately, Barclays reissued an overweight rating and set a GBX 290 ($3.67) price target on shares of SSP Group in a report on Wednesday, January 31st. Four equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, SSP Group currently has a consensus rating of Buy and a consensus target price of GBX 317.50 ($4.02).

SSP Group Price Performance

Shares of LON SSPG opened at GBX 213.40 ($2.70) on Thursday. SSP Group has a 1-year low of GBX 175.70 ($2.22) and a 1-year high of GBX 283.20 ($3.58). The company has a debt-to-equity ratio of 535.27, a current ratio of 0.48 and a quick ratio of 0.66. The business’s fifty day moving average price is GBX 220.58 and its two-hundred day moving average price is GBX 214.78. The firm has a market capitalization of £1.70 billion, a PE ratio of 21,340.00, a P/E/G ratio of -0.77 and a beta of 1.79.

SSP Group Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 29th. Investors of record on Thursday, February 1st were paid a dividend of GBX 2.50 ($0.03) per share. The ex-dividend date was Thursday, February 1st. This represents a yield of 1.17%. SSP Group’s dividend payout ratio is currently 30,000.00%.

About SSP Group

SSP Group plc operates food and beverage outlets in North America, Europe, the United Kingdom, Ireland, the Asia Pacific, Eastern Europe, the Middle East, and internationally. The company operates outlets at airports, railway stations, motorway service areas, hospitals, and shopping centers. It also operates sandwich shops, cafes, bars, and restaurants.