Analysts Set SSP Group plc (LON:SSPG) PT at GBX 233

SSP Group plc (LON:SSPG) has been assigned a consensus rating of “Hold” from the five ratings firms that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is GBX 233.

A number of equities analysts have weighed in on the company. Shore Capital reissued a “house stock” rating on shares of SSP Group in a research report on Tuesday, July 29th. UBS Group lowered SSP Group to a “sell” rating and set a GBX 170 target price for the company. in a research report on Friday, July 11th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 285 target price on shares of SSP Group in a research report on Wednesday, July 30th. Citigroup upped their price target on shares of SSP Group from GBX 320 to GBX 330 and gave the company a “buy” rating in a research report on Wednesday, July 30th. Finally, JPMorgan Chase & Co. reduced their price target on shares of SSP Group from GBX 200 to GBX 190 and set a “neutral” rating for the company in a research report on Thursday, August 7th.

SSP Group Price Performance

Shares of LON:SSPG opened at GBX 166.56 on Thursday. SSP Group has a fifty-two week low of GBX 134.10 and a fifty-two week high of GBX 196.30. The business has a 50-day simple moving average of GBX 162.27 and a two-hundred day simple moving average of GBX 160.77. The company has a debt-to-equity ratio of 852.29, a quick ratio of 0.66 and a current ratio of 0.44. The firm has a market cap of £1.34 billion, a price-to-earnings ratio of -5,551.90, a price-to-earnings-growth ratio of -0.77 and a beta of 1.88.

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.