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

SSP Group (LON:SSPG - Get Free Report) was downgraded by equities research analysts at UBS Group to a "sell" rating in a report released on Friday, MarketBeat reports. They currently have a GBX 170 ($2.29) price target on the stock. UBS Group's price target would indicate a potential downside of 1.79% from the stock's previous close.

Other equities analysts have also recently issued research reports about the company. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a GBX 285 ($3.84) price objective on shares of SSP Group in a report on Thursday, July 3rd. Shore Capital reiterated a "house stock" rating on shares of SSP Group in a report on Wednesday, July 2nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of GBX 211.25 ($2.85).

SSP Group Stock Performance

Shares of SSPG stock traded down GBX 14.90 ($0.20) during trading hours on Friday, reaching GBX 173.10 ($2.34). 3,027,677 shares of the company traded hands, compared to its average volume of 2,835,859. The firm has a 50-day moving average price of GBX 168.75 and a 200 day moving average price of GBX 165.04. The company has a market cap of £1.38 billion, a P/E ratio of 181.42, a P/E/G ratio of -0.77 and a beta of 1.88. SSP Group has a 12-month low of GBX 134.10 ($1.81) and a 12-month high of GBX 196.30 ($2.65). The company has a debt-to-equity ratio of 852.29, a current ratio of 0.44 and a quick ratio of 0.66.

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