SSP Group (LON:SSPG) Given Buy Rating at Deutsche Bank Aktiengesellschaft

SSP Group (LON:SSPG)‘s stock had its “buy” rating reiterated by Deutsche Bank Aktiengesellschaft in a note issued to investors on Wednesday,London Stock Exchange reports. They currently have a GBX 262 price objective on the stock. Deutsche Bank Aktiengesellschaft’s target price would suggest a potential upside of 64.88% from the stock’s current price.

Several other research analysts have also weighed in on SSPG. UBS Group reissued a “neutral” rating and set a GBX 180 price objective on shares of SSP Group in a research note on Monday. Citigroup lowered their target price on shares of SSP Group from GBX 360 to GBX 350 and set a “buy” rating for the company in a research note on Monday, January 26th. Finally, Shore Capital Group reiterated a “house stock” rating on shares of SSP Group in a report on Tuesday. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 244.50.

SSP Group Stock Down 2.1%

Shares of SSP Group stock opened at GBX 158.90 on Wednesday. The business has a fifty day simple moving average of GBX 175.89 and a 200 day simple moving average of GBX 179.14. The stock has a market cap of £1.23 billion, a PE ratio of -17.09, a price-to-earnings-growth ratio of -0.77 and a beta of 0.90. The company has a quick ratio of 0.66, a current ratio of 0.44 and a debt-to-equity ratio of 2,629.60. SSP Group has a 12 month low of GBX 137.30 and a 12 month high of GBX 212.20.

SSP Group (LON:SSPG) last issued its earnings results on Tuesday, May 19th. The company reported GBX (2) earnings per share (EPS) for the quarter. The company had revenue of GBX 176.34 billion for the quarter. SSP Group had a negative return on equity of 59.21% and a negative net margin of 2.04%. Research analysts predict that SSP Group will post 13.1004016 EPS for the current 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).