Brokerages Set SSP Group plc (LON:SSPG) Target Price at GBX 231

Key Points

• SSP Group plc has received an average rating of "Hold" from five brokerages, with a 12-month price target of GBX 231.
• Recent analyst ratings reflect a mix of perspectives, including one "sell", two "hold", and two "buy" ratings, along with target price adjustments from various firms.
• The company's shares rose by 3.9% to GBX 163.50, with a market cap of £1.31 billion and a debt-to-equity ratio of 852.29.

Shares of SSP Group plc (LON:SSPG - Get Free Report) have earned a consensus rating of "Hold" from the five brokerages that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and two have given a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is GBX 231.

Several analysts have issued reports on the stock. Shore Capital restated a "house stock" rating on shares of SSP Group in a research report on Tuesday, July 29th. Citigroup upped their price target on shares of SSP Group from GBX 320 to GBX 330 and gave the company a "buy" rating in a research report on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a GBX 285 price target on shares of SSP Group in a research report on Wednesday, July 30th. UBS Group lowered shares of SSP Group to a "sell" rating and set a GBX 170 price target for the company. in a research report on Friday, July 11th. Finally, JPMorgan Chase & Co. cut their price target on shares of SSP Group from GBX 200 to GBX 190 and set a "neutral" rating for the company in a research report on Thursday, August 7th.

SSP Group Trading Down 2.0%

LON SSPG traded down GBX 3.10 during trading on Friday, hitting GBX 153.80. 993,693 shares of the company's stock traded hands, compared to its average volume of 2,724,226. The stock has a fifty day moving average of GBX 170.69 and a two-hundred day moving average of GBX 162.91. 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 has a 12-month low of GBX 134.10 and a 12-month high of GBX 196.30. The firm has a market cap of £1.23 billion, a P/E ratio of -5,126.67, a PEG ratio of -0.77 and a beta of 1.88.

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.