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

Shares of SSP Group plc (LON:SSPG) have earned an average recommendation of “Moderate Buy” from the six brokerages that are currently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is GBX 719.50.

A number of equities research analysts have recently commented on SSPG shares. UBS Group reaffirmed a “neutral” rating and issued a GBX 180 price objective on shares of SSP Group in a research report on Monday, May 18th. Shore Capital Group reaffirmed a “house stock” rating on shares of SSP Group in a research report on Tuesday, May 19th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 230 price objective on shares of SSP Group in a research report on Thursday, May 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 262 price objective on shares of SSP Group in a research report on Wednesday, May 20th. Finally, Citigroup lowered their price objective on SSP Group from GBX 3,600 to GBX 3,200 and set a “buy” rating for the company in a research report on Monday, June 8th.

SSP Group Stock Performance

SSP Group stock opened at GBX 188.30 on Tuesday. The company has a debt-to-equity ratio of 36,503.13, a quick ratio of 0.66 and a current ratio of 0.37. The stock has a fifty day moving average of GBX 171.30 and a two-hundred day moving average of GBX 183.60. The company has a market capitalization of £1.45 billion, a price-to-earnings ratio of -52.31, a PEG ratio of -0.77 and a beta of 0.93. SSP Group has a fifty-two week low of GBX 137.30 and a fifty-two week high of GBX 212.20.

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