SSP Group's (SSPG) "Buy" Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

SSP Group (LON:SSPG - Get Free Report)'s stock had its "buy" rating reissued by stock analysts at Deutsche Bank Aktiengesellschaft in a research report issued on Thursday, MarketBeat Ratings reports. They currently have a GBX 285 ($3.89) target price on the stock. Deutsche Bank Aktiengesellschaft's price target would suggest a potential upside of 52.82% from the stock's previous close.

Separately, Shore Capital restated a "house stock" rating on shares of SSP Group in a research report on Wednesday.

SSP Group Stock Down 0.9%

Shares of LON:SSPG traded down GBX 1.60 ($0.02) during trading on Thursday, reaching GBX 186.50 ($2.55). 515,311 shares of the stock traded hands, compared to its average volume of 2,907,477. The stock has a 50-day moving average of GBX 165.50 and a two-hundred day moving average of GBX 164.59. SSP Group has a 52-week low of GBX 134.10 ($1.83) and a 52-week high of GBX 196.30 ($2.68). 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 stock has a market cap of £1.49 billion, a P/E ratio of 195.47, a price-to-earnings-growth ratio of -0.77 and a beta of 1.88.

SSP Group (LON:SSPG - Get Free Report) last issued its quarterly earnings data on Wednesday, May 21st. The company reported GBX (2) (($0.03)) earnings per share for the quarter. SSP Group had a net margin of 0.24% and a return on equity of 3.64%. As a group, sell-side analysts expect that SSP Group will post 13.1004016 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other SSP Group news, insider Patrick Coveney sold 217,595 shares of the stock in a transaction that occurred on Friday, April 11th. The shares were sold at an average price of GBX 139 ($1.90), for a total value of £302,457.05 ($413,023.42). Insiders own 0.66% of the company's stock.

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.