SSP Group PLC (SSPG) Receives “Neutral” Rating from Citigroup Inc.

SSP Group PLC (LON:SSPG)‘s stock had its “neutral” rating reissued by equities research analysts at Citigroup Inc. in a research report issued to clients and investors on Tuesday.

Several other research firms have also recently weighed in on SSPG. Morgan Stanley increased their price objective on shares of SSP Group PLC from GBX 360 ($4.65) to GBX 450 ($5.81) and gave the stock an “equal weight” rating in a research report on Friday, May 19th. Kepler Capital Markets raised their price target on shares of SSP Group PLC from GBX 440 ($5.68) to GBX 455 ($5.88) and gave the stock a “hold” rating in a report on Friday, May 19th. Goldman Sachs Group, Inc. (The) assumed coverage on shares of SSP Group PLC in a report on Friday, July 21st. They issued a “neutral” rating and a GBX 512 ($6.61) price target for the company. Liberum Capital restated a “buy” rating and issued a GBX 540 ($6.97) price target on shares of SSP Group PLC in a report on Wednesday, July 12th. Finally, J P Morgan Chase & Co raised their price target on shares of SSP Group PLC from GBX 405 ($5.23) to GBX 415 ($5.36) and gave the stock a “neutral” rating in a report on Thursday, July 13th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of GBX 479.77 ($6.20).

SSP Group PLC (SSPG) traded down 1.51% during midday trading on Tuesday, reaching GBX 521.00. 1,310,204 shares of the company traded hands. SSP Group PLC has a 12-month low of GBX 312.00 and a 12-month high of GBX 563.50. The company has a 50 day moving average of GBX 527.98 and a 200-day moving average of GBX 473.57. The stock’s market capitalization is GBX 2.48 billion.

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SSP Group PLC Company Profile

SSP Group plc is an operator of food and beverage concessions in travel locations, operating restaurants, bars, cafes, food courts, lounges and stores in airports, train stations, motorway service stations and other locations. The Company’s segments are the UK, Continental Europe, North America and the Rest of the World (RoW).

Analyst Recommendations for SSP Group PLC (LON:SSPG)

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