UBS Group Reiterates Neutral Rating for SSP Group (LON:SSPG)

SSP Group (LON:SSPG – Get Free Report)‘s stock had its “neutral” rating reissued by investment analysts at UBS Group in a research report issued on Monday,Digital Look reports. They presently have a GBX 180 price objective on the stock. UBS Group’s price target suggests a potential upside of 16.28% from the company’s previous close.

A number of other equities analysts also recently weighed in on the stock. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 230 target price on shares of SSP Group in a research note on Monday, January 19th. Citigroup reduced their target price on SSP Group from GBX 360 to GBX 350 and set a “buy” rating on the stock in a report on Monday, January 26th. Finally, Shore Capital Group reissued a “house stock” rating on shares of SSP Group in a report on Monday, May 11th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 244.50.

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SSP Group Stock Performance

Shares of LON:SSPG opened at GBX 154.80 on Monday. The business has a fifty day moving average of GBX 177.08 and a 200-day moving average of GBX 179.14. The company has a debt-to-equity ratio of 2,629.60, a quick ratio of 0.66 and a current ratio of 0.44. 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 cap of £1.20 billion, a PE ratio of -16.65, a price-to-earnings-growth ratio of -0.77 and a beta of 0.90.

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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