SSP Group plc (LON:SSPG) Receives GBX 244.50 Consensus PT from Analysts

Shares of SSP Group plc (LON:SSPG – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the six research firms that are presently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is GBX 244.50.

A number of equities research analysts have recently commented on SSPG shares. Citigroup reduced their target price on shares of SSP Group from GBX 360 to GBX 350 and set a “buy” rating for the company in a research report on Monday, January 26th. Shore Capital Group reiterated a “house stock” rating on shares of SSP Group in a research report on Monday, May 11th. UBS Group reiterated a “neutral” rating and issued a GBX 180 target price on shares of SSP Group in a research report on Friday, January 16th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 230 target price on shares of SSP Group in a research report on Monday, January 19th.

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SSP Group Trading Down 1.3%

Shares of SSP Group stock opened at GBX 154.10 on Monday. SSP Group has a twelve month low of GBX 137.30 and a twelve month high of GBX 212.20. The firm has a market capitalization of £1.19 billion, a PE ratio of -16.57, a P/E/G ratio of -0.77 and a beta of 0.90. The firm’s 50-day moving average price is GBX 177.08 and its 200 day moving average price is GBX 179.02. The company has a current ratio of 0.44, a quick ratio of 0.66 and a debt-to-equity ratio of 2,629.60.

About SSP Group

(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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