SSP Group (LON:SSPG – Get Free Report) had its price objective hoisted by equities research analysts at Berenberg Bank from GBX 230 to GBX 240 in a research note issued to investors on Tuesday,London Stock Exchange reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s price target points to a potential upside of 16.85% from the company’s current price.
A number of other research analysts also recently issued reports on SSPG. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 262 price objective on shares of SSP Group in a research note on Wednesday, July 29th. UBS Group reaffirmed a “neutral” rating and set a GBX 180 target price on shares of SSP Group in a research note on Monday, May 18th. Shore Capital Group reiterated a “house stock” rating on shares of SSP Group in a report on Tuesday, July 28th. Finally, Citigroup dropped their price target on SSP Group from GBX 3,600 to GBX 3,200 and set a “buy” rating on the stock in a research note on Monday, June 8th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, SSP Group currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 721.17.
View Our Latest Analysis on SSP Group
SSP Group Price Performance
SSP Group (LON:SSPG – Get Free Report) last issued its quarterly earnings results on Tuesday, May 19th. The company reported GBX (2) EPS for the quarter. SSP Group had a negative net margin of 0.78% and a negative return on equity of 65.76%. The firm had revenue of GBX 176.34 billion for the quarter. On average, analysts expect that SSP Group will post 13.1004016 earnings per share for the current year.
SSP Group Company Profile
SSP is a leading operator of food and beverage outlets in travel locations worldwide, with c.37,000 colleagues in over 600 locations across 36 countries. We operate sit-down and quick service restaurants, cafes, lounges and food-led convenience stores, principally in airports and train stations, with a portfolio of more than 550 international, national and local brands. These include our own brands (such as UrbanCrave, which brought the first “street eats” concept to airports in the US, Nippon Ramen, a noodle and dumpling concept in the Asia Pac region, and Juniper, a premium bar in the UK) as well as franchise brands (such as M&S, Starbucks and Burger King).
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