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

SSP Group plc (LON:SSPG) has been assigned an average rating of “Moderate Buy” from the six research firms that are presently covering the company, Marketbeat.com reports. Two 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 brokerages that have issued ratings on the stock in the last year is GBX 719.50.

A number of research analysts recently weighed in on SSPG shares. Citigroup reduced their target price on SSP Group from GBX 3,600 to GBX 3,200 and set a “buy” rating on the stock in a report on Monday, June 8th. UBS Group reiterated a “neutral” rating and issued a GBX 180 target price on shares of SSP Group in a report on Monday, May 18th. Berenberg Bank reiterated a “buy” rating and issued a GBX 230 target price on shares of SSP Group in a report on Thursday, May 21st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 262 target price on shares of SSP Group in a report on Wednesday, May 20th. Finally, Shore Capital Group reiterated a “house stock” rating on shares of SSP Group in a report on Tuesday, May 19th.

SSP Group Price Performance

Shares of SSP Group stock opened at GBX 188.30 on Tuesday. SSP Group has a twelve month low of GBX 137.30 and a twelve month high of GBX 212.20. The stock has a market capitalization of £1.45 billion, a P/E ratio of -52.31, a PEG ratio of -0.77 and a beta of 0.93. The company has a current ratio of 0.37, a quick ratio of 0.66 and a debt-to-equity ratio of 36,503.13. The business’s fifty day moving average price is GBX 171.30 and its 200 day moving average price is GBX 183.60.

SSP Group (LON:SSPG) last issued its earnings results 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 firm had revenue of GBX 176.34 billion during the quarter. As a group, research analysts anticipate that SSP Group will post 13.1004016 earnings per share for the current year.

SSP Group Company Profile

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).