SSP Group’s (SSPG) House Stock Rating Reiterated at Shore Capital Group

Shore Capital Group restated their house stock rating on shares of SSP Group (LON:SSPG) in a report released on Tuesday,Digital Look reports.

Other equities research analysts have also recently issued research reports about the company. Citigroup lowered their price target 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. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 262 price objective on shares of SSP Group in a research note on Wednesday, May 20th. Berenberg Bank reissued a “buy” rating and set a GBX 230 price target on shares of SSP Group in a research report on Thursday, May 21st. Finally, UBS Group reissued a “neutral” rating and issued a GBX 180 price objective on shares of SSP Group in a research report on Monday, May 18th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 719.50.

SSP Group Price Performance

Shares of LON SSPG opened at GBX 200.80 on Tuesday. 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. SSP Group has a one year low of GBX 137.30 and a one year high of GBX 212.20. The firm has a market capitalization of £1.54 billion, a P/E ratio of -55.78, a PEG ratio of -0.77 and a beta of 0.91. The company’s fifty day moving average is GBX 182.33 and its two-hundred day moving average is GBX 182.40.

SSP Group (LON:SSPG) last announced its quarterly earnings data 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%. Analysts forecast that SSP Group will post 13.1004016 EPS for the current fiscal 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).