Analysts Set SSP Group plc (LON:SSPG) Target Price at GBX 231

Shares of SSP Group plc (LON:SSPG) have been assigned a consensus rating of “Hold” from the five ratings firms that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is GBX 231.

Several research firms have recently commented on SSPG. Citigroup increased their target price on SSP Group from GBX 320 to GBX 330 and gave the company a “buy” rating in a research note on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 285 target price on shares of SSP Group in a research note on Wednesday, July 30th. UBS Group cut SSP Group to a “sell” rating and set a GBX 170 target price for the company. in a research note on Friday, July 11th. JPMorgan Chase & Co. reduced their target price on SSP Group from GBX 200 to GBX 190 and set a “neutral” rating for the company in a research note on Thursday, August 7th. Finally, Shore Capital reiterated a “house stock” rating on shares of SSP Group in a research note on Tuesday, July 29th.

SSP Group Stock Up 0.0%

LON SSPG opened at GBX 156.92 on Friday. The stock has a market cap of £1.25 billion, a PE ratio of 164.47, a P/E/G ratio of -0.77 and a beta of 1.88. SSP Group has a fifty-two week low of GBX 134.10 and a fifty-two week high of GBX 196.30. The business has a 50 day moving average price of GBX 170.90 and a two-hundred day moving average price of GBX 163.07. The company has a quick ratio of 0.66, a current ratio of 0.44 and a debt-to-equity ratio of 852.29.

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.