SSP Group plc (LON:SSPG) Stock Has Average Price Target of GBX 721.17

SSP Group plc (LON:SSPG – Get Free Report) has earned a consensus rating of “Moderate Buy” from the five brokerages that are currently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is GBX 810.40.

A number of research analysts have commented on the company. Berenberg Bank upped their price objective on SSP Group from GBX 230 to GBX 240 and gave the company a “buy” rating in a report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 262 price target on shares of SSP Group in a research note on Monday, August 17th. Finally, Shore Capital Group reaffirmed a “house stock” rating on shares of SSP Group in a research report on Tuesday, July 28th.

Read Our Latest Stock Report on SSP Group

Insider Activity

In other news, insider Patrick Coveney sold 91,027 shares of the firm’s stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of GBX 194, for a total transaction of £176,592.38. 1.12% of the stock is currently owned by insiders.

SSP Group Stock Down 4.1%

LON:SSPG opened at GBX 180.30 on Thursday. The stock has a market cap of £1.35 billion, a price-to-earnings ratio of -50.08, a PEG ratio of -0.77 and a beta of 0.91. The company has a current ratio of 0.37, a quick ratio of 0.66 and a debt-to-equity ratio of 36,503.12. The stock has a 50-day moving average price of GBX 195.71 and a two-hundred day moving average price of GBX 184.93. SSP Group has a 1 year low of GBX 137.30 and a 1 year high of GBX 219.40.

SSP Group Company Profile

(Get Free Report)

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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Analyst Recommendations for SSP Group (LON:SSPG)

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