SSP Group (LON:SSPG) Earns “House Stock” Rating from Shore Capital Group

SSP Group (LON:SSPG)‘s stock had its “house stock” rating reiterated by equities researchers at Shore Capital Group in a research report issued on Tuesday,Digital Look reports.

A number of other analysts have also recently weighed in on SSPG. Citigroup decreased their target price on shares of SSP Group from GBX 3,600 to GBX 3,200 and set a “buy” rating on the stock in a research note on Monday, June 8th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 262 price target on shares of SSP Group in a research note on Wednesday, May 20th. UBS Group reissued a “neutral” rating and set a GBX 180 price objective on shares of SSP Group in a report on Monday, May 18th. Finally, Berenberg Bank restated a “buy” rating and set a GBX 230 price objective on shares of SSP Group in a research report on Thursday, May 21st. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, SSP Group has a consensus rating of “Moderate Buy” and an average price target of GBX 719.50.

SSP Group Trading Up 2.7%

SSPG opened at GBX 199.80 on Tuesday. The company has a market cap of £1.53 billion, a P/E ratio of -55.50, 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 company’s 50 day moving average is GBX 179.96 and its 200-day moving average is GBX 182.26. SSP Group has a 1-year low of GBX 137.30 and a 1-year high of GBX 212.20.

SSP Group (LON:SSPG) last released its quarterly earnings data 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 65.76% and a negative net margin of 0.78%. Equities research analysts predict that SSP Group will post 13.1004016 earnings per share for the current fiscal 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).