SSP Group (LON:SSPG) Earns “Buy” Rating from Deutsche Bank Aktiengesellschaft

SSP Group (LON:SSPG)‘s stock had its “buy” rating reissued by investment analysts at Deutsche Bank Aktiengesellschaft in a research note issued on Wednesday,Digital Look reports. They presently have a GBX 262 target price on the stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential upside of 30.61% from the company’s previous close.

A number of other equities analysts also recently issued reports on the company. Citigroup cut their price target on SSP Group from GBX 3,600 to GBX 3,200 and set a “buy” rating for the company in a research note on Monday, June 8th. Shore Capital Group reissued a “house stock” rating on shares of SSP Group in a research note on Tuesday. UBS Group restated a “neutral” rating and issued a GBX 180 target price on shares of SSP Group in a report on Monday, May 18th. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 230 price target on shares of SSP Group in a report on Thursday, May 21st. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 719.50.

SSP Group Stock Down 2.9%

SSP Group stock opened at GBX 200.60 on Wednesday. SSP Group has a 1-year low of GBX 137.30 and a 1-year high of GBX 212.20. The firm has a market capitalization of £1.54 billion, a price-to-earnings ratio of -55.72, a price-to-earnings-growth ratio of -0.77 and a beta of 0.91. The firm’s fifty day moving average price is GBX 180.85 and its two-hundred day moving average price is GBX 182.34. The company has a current ratio of 0.37, a quick ratio of 0.66 and a debt-to-equity ratio of 36,503.12.

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

SSP Group Company Profile

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).