SSP Group’s (SSPG) “Buy” Rating Reaffirmed at Shore Capital

SSP Group (LON:SSPGGet Rating)‘s stock had its “buy” rating restated by Shore Capital in a research report issued on Thursday, MarketBeat reports.

SSPG has been the topic of several other research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 265 ($3.20) price objective on shares of SSP Group in a research note on Friday, July 15th. Barclays reissued an “overweight” rating and set a GBX 290 ($3.50) target price on shares of SSP Group in a research note on Friday, July 15th. Finally, Berenberg Bank reissued a “buy” rating and set a GBX 300 ($3.62) target price on shares of SSP Group in a research note on Friday, August 5th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 324.29 ($3.92).

SSP Group Stock Down 1.9 %

LON SSPG opened at GBX 212.10 ($2.56) on Thursday. The stock’s 50-day moving average price is GBX 234.32 and its 200-day moving average price is GBX 237.46. The company has a quick ratio of 0.70, a current ratio of 0.74 and a debt-to-equity ratio of 558.60. SSP Group has a 52 week low of GBX 201 ($2.43) and a 52 week high of GBX 307.60 ($3.72). The company has a market capitalization of £1.69 billion and a P/E ratio of -13.60.

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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