SSP Group plc (LON:SSPG) Given Average Rating of “Moderate Buy” by Analysts

Shares of SSP Group plc (LON:SSPG) have received a consensus rating of “Moderate Buy” from the six ratings firms that are covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is GBX 721.17.

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

SSP Group Price Performance

SSP Group stock opened at GBX 203.20 on Wednesday. The stock has a market capitalization of £1.55 billion, a price-to-earnings ratio of -56.44, a PEG ratio of -0.77 and a beta of 0.91. SSP Group has a 52-week low of GBX 137.30 and a 52-week high of GBX 219.40. The company has a debt-to-equity ratio of 36,503.12, a quick ratio of 0.66 and a current ratio of 0.37. The stock’s 50 day moving average price is GBX 193.22 and its two-hundred day moving average price is GBX 184.03.

SSP Group (LON:SSPG) last released its quarterly earnings data on Tuesday, May 19th. The company reported GBX (2) earnings per share for the quarter. SSP Group had a negative net margin of 0.78% and a negative return on equity of 65.76%. The company had revenue of GBX 176.34 billion during the quarter. On average, equities analysts predict 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).