SSP Group plc (LON:SSPG) Given Average Recommendation of “Moderate Buy” by Brokerages

SSP Group plc (LON:SSPG) has been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is GBX 719.50.

Several analysts have issued reports on SSPG shares. Shore Capital Group reissued a “house stock” rating on shares of SSP Group in a research note on Tuesday, May 19th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 262 price objective on shares of SSP Group in a report on Wednesday, May 20th. Citigroup dropped their target price on SSP Group from GBX 3,600 to GBX 3,200 and set a “buy” rating on the stock in a research report on Monday, June 8th. UBS Group restated a “neutral” rating and issued a GBX 180 target price on shares of SSP Group in a research note on Monday, May 18th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 230 price target on shares of SSP Group in a research note on Thursday, May 21st.

SSP Group Stock Up 2.6%

Shares of SSPG stock opened at GBX 191 on Friday. SSP Group has a 12-month low of GBX 137.30 and a 12-month high of GBX 212.20. The company has a quick ratio of 0.66, a current ratio of 0.37 and a debt-to-equity ratio of 36,503.12. The firm has a fifty day moving average of GBX 179.19 and a 200-day moving average of GBX 182.43. The company has a market capitalization of £1.46 billion, a price-to-earnings ratio of -53.06, a P/E/G ratio of -0.77 and a beta of 0.91.

SSP Group (LON:SSPG) last posted its quarterly earnings data on Tuesday, May 19th. The company reported GBX (2) EPS for the quarter. The company had revenue of GBX 176.34 billion during the quarter. SSP Group had a negative net margin of 0.78% and a negative return on equity of 65.76%. As a group, equities research analysts predict 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).