SSP Group (LON:SSPG) Rating Lowered to Sell at UBS Group

SSP Group (LON:SSPG - Get Free Report) was downgraded by research analysts at UBS Group to a "sell" rating in a research note issued on Friday, Marketbeat Ratings reports. They presently have a GBX 170 ($2.28) target price on the stock. UBS Group's price target indicates a potential downside of 1.56% from the stock's current price.

Several other equities research analysts also recently commented on SSPG. Shore Capital reissued a "house stock" rating on shares of SSP Group in a research report on Wednesday, July 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 285 ($3.83) price objective on shares of SSP Group in a research report on Thursday, July 3rd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, SSP Group currently has an average rating of "Hold" and an average price target of GBX 211.25 ($2.84).

SSP Group Stock Down 0.2%

SSPG traded down GBX 0.40 ($0.01) during midday trading on Friday, hitting GBX 172.70 ($2.32). The company had a trading volume of 1,591,108 shares, compared to its average volume of 2,826,635. SSP Group has a 52 week low of GBX 134.10 ($1.80) and a 52 week high of GBX 196.30 ($2.64). The company has a quick ratio of 0.66, a current ratio of 0.44 and a debt-to-equity ratio of 852.29. The company has a market capitalization of £1.38 billion, a price-to-earnings ratio of 181.00, a PEG ratio of -0.77 and a beta of 1.88. The stock's 50 day moving average price is GBX 169.10 and its 200 day moving average price is GBX 164.79.

SSP Group (LON:SSPG - Get Free Report) last posted its earnings results on Wednesday, May 21st. The company reported GBX (2) (($0.03)) EPS for the quarter. SSP Group had a return on equity of 3.64% and a net margin of 0.24%. On average, research analysts anticipate that SSP Group will post 13.1004016 earnings per share for the current fiscal 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.