SSP Group (LON:SSPG) Earns Buy Rating from Deutsche Bank Aktiengesellschaft

SSP Group (LON:SSPG)‘s stock had its “buy” rating reissued by stock analysts at Deutsche Bank Aktiengesellschaft in a research report issued on Monday,London Stock Exchange reports. They presently have a GBX 262 target price on the stock. Deutsche Bank Aktiengesellschaft’s target price would indicate a potential upside of 25.48% from the company’s previous close.

Several other equities analysts have also recently issued reports on SSPG. Citigroup lowered their price objective on SSP Group from GBX 3,600 to GBX 3,200 and set a “buy” rating on the stock in a research report on Monday, June 8th. Berenberg Bank boosted their target price on shares of SSP Group from GBX 230 to GBX 240 and gave the company a “buy” rating in a research report on Tuesday, August 4th. Shore Capital Group reiterated a “house stock” rating on shares of SSP Group in a research report on Tuesday, July 28th. Finally, UBS Group reissued a “neutral” rating and set a GBX 180 price objective on shares of SSP Group in a research report on Monday, May 18th. Four 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 a consensus rating of “Moderate Buy” and a consensus price target of GBX 721.17.

SSP Group Price Performance

SSP Group stock opened at GBX 208.80 on Monday. The company has a market cap of £1.59 billion, a price-to-earnings ratio of -58.00, a PEG ratio of -0.77 and a beta of 0.91. The company has a current ratio of 0.37, a quick ratio of 0.66 and a debt-to-equity ratio of 36,503.12. The business’s 50 day simple moving average is GBX 191.75 and its 200 day simple moving average is GBX 183.75. SSP Group has a 12 month low of GBX 137.30 and a 12 month high of GBX 219.40.

SSP Group (LON:SSPG) last released its quarterly earnings data on Tuesday, May 19th. The company reported GBX (2) EPS for the quarter. SSP Group had a negative net margin of 0.78% and a negative return on equity of 65.76%. The firm had revenue of GBX 176.34 billion during the quarter. Sell-side analysts forecast that SSP Group will post 13.1004016 EPS for the current year.

SSP Group Company Profile

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).