SSP Group plc (LON:SSPG) Receives GBX 721.17 Consensus Price Target from Analysts

Shares of SSP Group plc (LON:SSPG – Get Free Report) have been assigned an average rating of “Moderate Buy” from the six ratings firms that are covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is GBX 721.17.

Several equities research analysts recently weighed in on the stock. Shore Capital Group reaffirmed a “house stock” rating on shares of SSP Group in a research report on Tuesday, July 28th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 262 target price on shares of SSP Group in a report on Monday, August 17th. Citigroup dropped their target price on shares of SSP Group from GBX 3,600 to GBX 3,200 and set a “buy” rating for the company in a research report on Monday, June 8th. UBS Group reaffirmed a “neutral” rating and set a GBX 180 price target on shares of SSP Group in a report on Monday, May 18th. Finally, Berenberg Bank increased their price target on shares of SSP Group from GBX 230 to GBX 240 and gave the stock a “buy” rating in a research report on Tuesday, August 4th.

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SSP Group Price Performance

Shares of LON SSPG opened at GBX 202.84 on Wednesday. The business has a fifty day moving average price of GBX 196.42 and a two-hundred day moving average price of GBX 184.70. The stock has a market capitalization of £1.54 billion, a PE ratio of -56.34, a P/E/G ratio of -0.77 and a beta of 0.91. The company has a debt-to-equity ratio of 36,503.12, a current ratio of 0.37 and a quick ratio of 0.66. SSP Group has a fifty-two week low of GBX 137.30 and a fifty-two week 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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