SSP Group plc (LON:SSPG) Receives Average Recommendation of “Buy” from Brokerages

SSP Group plc (LON:SSPGGet Rating) has received an average recommendation of “Buy” from the ten analysts that are currently covering the stock, MarketBeat Ratings reports. Ten investment analysts have rated the stock with a buy rating. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is GBX 351 ($4.47).

SSPG has been the subject of a number of research reports. Berenberg Bank restated a “buy” rating and issued a GBX 330 ($4.21) target price on shares of SSP Group in a research note on Monday, January 17th. Morgan Stanley restated an “overweight” rating on shares of SSP Group in a research note on Friday, March 25th. Barclays reiterated an “overweight” rating and set a GBX 350 ($4.46) price objective on shares of SSP Group in a research report on Friday, February 4th. JPMorgan Chase & Co. assumed coverage on SSP Group in a research report on Thursday, March 3rd. They set an “overweight” rating and a GBX 370 ($4.72) price objective for the company. Finally, Shore Capital reiterated a “buy” rating on shares of SSP Group in a research report on Tuesday, February 22nd.

SSPG stock traded up GBX 1.50 ($0.02) during midday trading on Friday, reaching GBX 237.30 ($3.02). The company had a trading volume of 873,958 shares, compared to its average volume of 1,625,318. The company has a quick ratio of 0.75, a current ratio of 0.80 and a debt-to-equity ratio of 726.14. The stock has a 50 day moving average price of GBX 241.84 and a 200 day moving average price of GBX 252.59. SSP Group has a fifty-two week low of GBX 209.17 ($2.67) and a fifty-two week high of GBX 341.40 ($4.35). The firm has a market capitalization of £1.89 billion and a PE ratio of -4.63.

SSP Group Company Profile (Get Rating)

SSP Group plc operates food and beverage outlets. The company operates outlets at airports, railway stations, motorway service areas, hospitals, and shopping centers. It operates approximately 550 brands in 36 countries in the United Kingdom, Europe, North America, and internationally. SSP Group plc was incorporated in 2006 and is headquartered in London, the United Kingdom.

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Analyst Recommendations for SSP Group (LON:SSPG)

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