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SP Plus Corp (NYSE:SP) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a report released on Wednesday. They currently have a $20.40 price target on the stock. Zacks‘s price target suggests a potential downside of 4.98% from the stock’s previous close.

Shares of SP Plus Corp (NYSE:SP) traded up 0.61% during mid-day trading on Wednesday, hitting $21.60. The stock had a trading volume of 5,229 shares. SP Plus Corp has a 52-week low of $20.50 and a 52-week high of $28.09. The stock’s 50-day moving average is $22.07 and its 200-day moving average is $24.56.

SP Plus Corp (NYSE:SP) last released its earnings data on Wednesday, May 7th. The company reported ($0.05) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.13 by $0.18. Analysts expect that SP Plus Corp will post $0.76 EPS for the current fiscal year.

SP Plus Corp, formerly Standard Parking Corporation, is a provider of parking management, ground transportation and other ancillary services to commercial, institutional and municipal clients in the United States and Canada.

To view Zacks’ full report, visit Zacks’ official website.

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