SSP Group (LON:SSPG) Stock Rating Reaffirmed by Shore Capital

SSP Group (LON:SSPG – Get Rating)‘s stock had its “house stock” rating reiterated by equities researchers at Shore Capital in a research report issued on Friday, MarketBeat Ratings reports.

A number of other research firms have also weighed in on SSPG. Jefferies Financial Group reissued a “buy” rating and set a GBX 325 ($4.07) target price on shares of SSP Group in a report on Tuesday, January 24th. Numis Securities reissued an “add” rating and set a GBX 290 ($3.63) target price on shares of SSP Group in a report on Thursday, February 16th. Finally, Royal Bank of Canada started coverage on SSP Group in a report on Wednesday, February 1st. They issued an “outperform” rating on the stock. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, SSP Group presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 303.57 ($3.80).

SSP Group Stock Down 2.2 %

SSPG stock opened at GBX 261.60 ($3.28) on Friday. The company has a current ratio of 0.69, a quick ratio of 0.66 and a debt-to-equity ratio of 544.85. The firm has a market capitalization of £2.08 billion, a PE ratio of -26,160.00, a PEG ratio of -0.77 and a beta of 1.71. SSP Group has a 1-year low of GBX 181.45 ($2.27) and a 1-year high of GBX 283.80 ($3.56). The business’s 50 day simple moving average is GBX 251.24 and its 200 day simple moving average is GBX 244.22.

Insider Transactions at SSP Group

In other news, insider Patrick Coveney sold 19,545 shares of the stock in a transaction on Wednesday, April 12th. The stock was sold at an average price of GBX 247 ($3.09), for a total transaction of £48,276.15 ($60,473.69). In the last three months, insiders have purchased 146 shares of company stock valued at $37,466. 0.55% of the stock is owned by corporate insiders.

SSP Group Company Profile

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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.