SSP Group PLC (SSPG) Receives Consensus Rating of “Hold” from Analysts
SSP Group PLC (LON:SSPG) has been given a consensus recommendation of “Hold” by the fourteen brokerages that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 472.85 ($6.14).
Several research analysts have commented on SSPG shares. Kepler Capital Markets boosted their price target on shares of SSP Group PLC from GBX 404 ($5.24) to GBX 440 ($5.71) and gave the stock a “hold” rating in a report on Tuesday, May 9th. Panmure Gordon cut shares of SSP Group PLC to a “hold” rating and set a GBX 400 ($5.19) price target for the company. in a report on Friday, April 21st. Morgan Stanley boosted their price target on shares of SSP Group PLC from GBX 360 ($4.67) to GBX 450 ($5.84) and gave the stock an “equal weight” rating in a report on Friday, May 19th. Liberum Capital assumed coverage on shares of SSP Group PLC in a report on Wednesday, July 5th. They set a “buy” rating and a GBX 540 ($7.01) price target for the company. Finally, Numis Securities Ltd restated an “add” rating and set a GBX 510 ($6.62) price objective on shares of SSP Group PLC in a research report on Tuesday, May 23rd.
SSP Group PLC (SSPG) traded down 0.65% during midday trading on Friday, reaching GBX 531.50. 802,328 shares of the company were exchanged. SSP Group PLC has a 52 week low of GBX 312.00 and a 52 week high of GBX 542.50. The firm has a 50-day moving average price of GBX 504.20 and a 200-day moving average price of GBX 456.95. The company’s market capitalization is GBX 2.53 billion.
About SSP Group PLC
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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