Liberum Capital Reiterates Buy Rating for SSP Group PLC (SSPG)
SSP Group PLC (LON:SSPG)‘s stock had its “buy” rating restated by equities researchers at Liberum Capital in a research report issued to clients and investors on Thursday. They currently have a GBX 600 ($7.75) price objective on the stock. Liberum Capital’s price objective indicates a potential upside of 14.29% from the company’s previous close.
A number of other equities research analysts have also issued reports on the company. Shore Capital reissued a “buy” rating on shares of SSP Group PLC in a research report on Thursday, May 18th. HSBC Holdings plc began coverage on SSP Group PLC in a research report on Wednesday, June 21st. They set a “buy” rating and a GBX 540 ($6.97) price target on the stock. Numis Securities Ltd reaffirmed an “add” rating and set a GBX 510 ($6.59) price target on shares of SSP Group PLC in a research report on Tuesday, May 23rd. Panmure Gordon reaffirmed a “hold” rating and set a GBX 400 ($5.17) price target on shares of SSP Group PLC in a research report on Thursday, May 18th. Finally, Canaccord Genuity reaffirmed a “sell” rating and set a GBX 410 ($5.30) price target on shares of SSP Group PLC in a research report on Thursday, July 13th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of GBX 479.77 ($6.20).
Shares of SSP Group PLC (SSPG) traded down 1.32% on Thursday, reaching GBX 525.00. The company had a trading volume of 584,426 shares. The company’s market capitalization is GBX 2.49 billion. SSP Group PLC has a one year low of GBX 312.00 and a one year high of GBX 563.50. The company’s 50-day moving average is GBX 526.32 and its 200-day moving average is GBX 470.97.
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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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