SSP Group PLC’s (SSPG) “Add” Rating Reaffirmed at Numis Securities Ltd
SSP Group PLC (LON:SSPG)‘s stock had its “add” rating restated by equities researchers at Numis Securities Ltd in a research note issued to investors on Wednesday. They currently have a GBX 670 ($8.81) target price on the stock. Numis Securities Ltd’s target price points to a potential upside of 3.63% from the company’s current price.
Several other equities research analysts also recently weighed in on the stock. Morgan Stanley downgraded shares of SSP Group PLC to an “underweight” rating and lifted their price target for the company from GBX 450 ($5.92) to GBX 480 ($6.31) in a research note on Tuesday, September 5th. Barclays PLC reaffirmed an “overweight” rating and issued a GBX 625 ($8.22) price target on shares of SSP Group PLC in a research note on Monday, November 6th. downgraded shares of SSP Group PLC to a “hold” rating and set a GBX 540 ($7.10) price target for the company. in a research note on Wednesday, September 27th. Shore Capital reaffirmed a “buy” rating on shares of SSP Group PLC in a research note on Thursday, September 28th. Finally, Citigroup Inc. reaffirmed a “neutral” rating on shares of SSP Group PLC in a research note on Tuesday, September 12th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company’s stock. SSP Group PLC presently has a consensus rating of “Hold” and a consensus target price of GBX 513.62 ($6.76).
Shares of SSP Group PLC (LON:SSPG) opened at GBX 646.50 ($8.50) on Wednesday. SSP Group PLC has a 52 week low of GBX 330.80 ($4.35) and a 52 week high of GBX 614 ($8.08).
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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