SSP Group (LON:SSPG – Get Free Report)‘s stock had its “buy” rating restated by equities research analysts at Berenberg Bank in a research report issued on Thursday,London Stock Exchange reports. They currently have a GBX 230 price objective on the stock. Berenberg Bank’s price objective would suggest a potential upside of 40.33% from the stock’s current price.
Other analysts also recently issued research reports about the stock. Citigroup cut their price objective on shares of SSP Group from GBX 360 to GBX 350 and set a “buy” rating for the company in a report on Monday, January 26th. UBS Group reissued a “neutral” rating and issued a GBX 180 price objective on shares of SSP Group in a report on Monday. Shore Capital Group reissued a “house stock” rating on shares of SSP Group in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 262 price objective on shares of SSP Group in a report on Wednesday. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 244.50.
Read Our Latest Report on SSPG
SSP Group Stock Down 0.6%
SSP Group (LON:SSPG – Get Free Report) last announced its quarterly earnings results on Tuesday, May 19th. The company reported GBX (2) EPS for the quarter. The company had revenue of GBX 176.34 billion during the quarter. SSP Group had a negative net margin of 0.78% and a negative return on equity of 65.76%. On average, analysts forecast that SSP Group will post 13.1004016 earnings per share for the current year.
About SSP Group
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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