SSP Group PLC (SSPG) Receives Consensus Rating of “Hold” from Brokerages
Shares of SSP Group PLC (LON:SSPG) have received an average recommendation of “Hold” from the fourteen ratings firms that are covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is GBX 500.17 ($6.60).
A number of analysts recently weighed in on the company. J P Morgan Chase & Co boosted their target price on SSP Group PLC from GBX 405 ($5.34) to GBX 415 ($5.48) and gave the stock a “neutral” rating in a research report on Thursday, July 13th. Numis Securities Ltd restated an “add” rating and issued a GBX 510 ($6.73) target price on shares of SSP Group PLC in a research report on Wednesday, July 12th. Liberum Capital restated a “buy” rating and issued a GBX 600 ($7.92) target price on shares of SSP Group PLC in a research report on Thursday, September 7th. Shore Capital restated a “buy” rating on shares of SSP Group PLC in a research report on Wednesday, July 12th. Finally, Goldman Sachs Group, Inc. (The) assumed coverage on SSP Group PLC in a research report on Friday, July 21st. They issued a “neutral” rating and a GBX 512 ($6.76) target price for the company.
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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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