SSP Group plc (LON:SSPG) Receives Average Rating of “Moderate Buy” from Analysts

SSP Group plc (LON:SSPG) has earned an average recommendation of “Moderate Buy” from the six analysts that are presently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is GBX 244.50.

SSPG has been the topic of several research reports. Shore Capital Group restated a “house stock” rating on shares of SSP Group in a research note on Tuesday, May 19th. UBS Group restated a “neutral” rating and set a GBX 180 price objective on shares of SSP Group in a research note on Monday, May 18th. Berenberg Bank restated a “buy” rating and set a GBX 230 price objective on shares of SSP Group in a research note on Thursday, May 21st. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 262 price objective on shares of SSP Group in a research note on Wednesday, May 20th.

SSP Group Trading Up 1.2%

Shares of LON SSPG opened at GBX 167.42 on Friday. The stock’s 50 day moving average price is GBX 173.15 and its two-hundred day moving average price is GBX 180.61. SSP Group has a 52-week low of GBX 137.30 and a 52-week high of GBX 212.20. The stock has a market capitalization of £1.30 billion, a P/E ratio of -46.51, a PEG ratio of -0.77 and a beta of 0.90. The company has a quick ratio of 0.66, a current ratio of 0.37 and a debt-to-equity ratio of 36,503.13.

SSP Group (LON:SSPG) last announced its quarterly earnings data on Tuesday, May 19th. The company reported GBX (2) earnings per share (EPS) for the quarter. SSP Group had a negative net margin of 0.78% and a negative return on equity of 65.76%. The firm had revenue of GBX 176.34 billion for the quarter. On average, analysts anticipate that SSP Group will post 13.1004016 earnings per share for the current fiscal year.

About SSP Group

SSP is a leading operator of food and beverage outlets in travel locations worldwide, with c.37,000 colleagues in over 600 locations across 36 countries. We operate sit-down and quick service restaurants, cafes, lounges and food-led convenience stores, principally in airports and train stations, with a portfolio of more than 550 international, national and local brands. These include our own brands (such as UrbanCrave, which brought the first “street eats” concept to airports in the US, Nippon Ramen, a noodle and dumpling concept in the Asia Pac region, and Juniper, a premium bar in the UK) as well as franchise brands (such as M&S, Starbucks and Burger King).