SSP Group PLC (SSPG) Receives Average Recommendation of “Hold” from Brokerages
SSP Group PLC (LON:SSPG) has been assigned a consensus recommendation of “Hold” from the fourteen analysts that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is GBX 472.85 ($6.16).
A number of analysts recently weighed in on the company. HSBC Holdings plc assumed coverage on SSP Group PLC in a research note on Wednesday, June 21st. They issued a “buy” rating and a GBX 540 ($7.03) price target on the stock. Goldman Sachs Group, Inc. (The) assumed coverage on SSP Group PLC in a research note on Friday. They issued a “neutral” rating and a GBX 512 ($6.67) price target on the stock. Barclays PLC restated an “equal weight” rating and issued a GBX 480 ($6.25) price target on shares of SSP Group PLC in a research note on Monday, July 17th. Canaccord Genuity restated a “sell” rating and issued a GBX 410 ($5.34) price target on shares of SSP Group PLC in a research note on Thursday, July 13th. Finally, J P Morgan Chase & Co lifted their price target on SSP Group PLC from GBX 405 ($5.28) to GBX 415 ($5.41) and gave the company a “neutral” rating in a research note on Thursday, July 13th.
SSP Group PLC (SSPG) traded up 0.92% during midday trading on Tuesday, reaching GBX 494.00. The company’s stock had a trading volume of 871,699 shares. The stock’s 50 day moving average is GBX 484.79 and its 200 day moving average is GBX 440.97. The stock’s market cap is GBX 2.35 billion. SSP Group PLC has a 12-month low of GBX 308.40 and a 12-month high of GBX 524.50.
The company also recently announced a dividend, which was paid on Monday, July 3rd. Shareholders of record on Thursday, June 1st were given a dividend of GBX 3.20 ($0.04) per share. This represents a yield of 0.68%. This is an increase from SSP Group PLC’s previous dividend of $2.90. The ex-dividend date of this dividend was Thursday, June 1st.
SSP Group PLC Company Profile
SSP Group plc is an operator of food and beverage concessions in travel locations, operating restaurants, bars, cafes, food courts, lounges and stores in airports, train stations, motorway service stations and other locations. The Company’s segments are the UK, Continental Europe, North America and the Rest of the World (RoW).
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