SSP Group plc (LON:SSPG - Get Free Report)'s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 170.31 ($2.29) and traded as high as GBX 174.80 ($2.35). SSP Group shares last traded at GBX 172.48 ($2.32), with a volume of 1,146,545 shares changing hands.
Analyst Ratings Changes
SSPG has been the topic of several analyst reports. UBS Group cut SSP Group to a "sell" rating and set a GBX 170 ($2.28) price objective on the stock. in a research note on Friday, July 11th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 285 ($3.83) target price on shares of SSP Group in a research note on Thursday, July 3rd. Finally, Shore Capital reaffirmed a "house stock" rating on shares of SSP Group in a research note on Wednesday, July 2nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of GBX 211.25 ($2.84).
Read Our Latest Stock Report on SSPG
SSP Group Trading Up 1.0%
The stock has a market cap of £1.38 billion, a PE ratio of 180.78, a price-to-earnings-growth ratio of -0.77 and a beta of 1.88. 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 company's 50-day moving average price is GBX 170.31 and its 200 day moving average price is GBX 164.64.
SSP Group (LON:SSPG - Get Free Report) last posted its quarterly 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, sell-side analysts forecast that SSP Group plc will post 13.1004016 EPS for the current fiscal year.
About SSP Group
(
Get Free Report)
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.
Further Reading
Before you consider SSP Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SSP Group wasn't on the list.
While SSP Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
