SSP Group plc (LON:SSPG - Get Free Report) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 165.40 ($2.23) and traded as low as GBX 151.80 ($2.05). SSP Group shares last traded at GBX 156.20 ($2.10), with a volume of 609,080 shares trading hands.
Analysts Set New Price Targets
SSPG has been the subject of a number of analyst reports. JPMorgan Chase & Co. lowered their price target on SSP Group from GBX 200 to GBX 190 and set a "neutral" rating for the company in a research report on Thursday, August 7th. Citigroup increased their price target on SSP Group from GBX 320 to GBX 330 and gave the company a "buy" rating in a research report on Wednesday, July 30th. Shore Capital reissued a "house stock" rating on shares of SSP Group in a research report on Tuesday, July 29th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 285 price target on shares of SSP Group in a research report on Wednesday, July 30th. Finally, UBS Group lowered SSP Group to a "sell" rating and set a GBX 170 price target for the company. in a research report on Friday, July 11th. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, SSP Group presently has a consensus rating of "Hold" and a consensus target price of GBX 233.
View Our Latest Analysis on SSPG
SSP Group Trading Down 0.4%
The stock has a market capitalization of £1.25 billion, a PE ratio of -5,193.33, a price-to-earnings-growth ratio of -0.77 and a beta of 1.88. The firm has a 50-day moving average price of GBX 163.22 and a 200-day moving average price of GBX 160.86. The company has a current ratio of 0.44, a quick ratio of 0.66 and a debt-to-equity ratio of 852.29.
About SSP Group
(
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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.
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