SSP Group PLC (LON:SSPG) Given Average Recommendation of “Buy” by Brokerages
SSP Group PLC (LON:SSPG) has been assigned an average recommendation of “Buy” from the eleven analysts that are presently covering the company. Five analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is GBX 341.10 ($4.45).
Several equities research analysts have issued reports on SSPG shares. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 355 ($4.63) price target on shares of SSP Group PLC in a report on Thursday, June 23rd. Shore Capital reiterated a “buy” rating on shares of SSP Group PLC in a report on Tuesday, July 19th. Barclays PLC reiterated an “equal weight” rating and set a GBX 280 ($3.65) price objective on shares of SSP Group PLC in a report on Wednesday, July 20th. Finally, Panmure Gordon increased their price objective on SSP Group PLC from GBX 350 ($4.57) to GBX 380 ($4.96) and gave the stock a “buy” rating in a report on Thursday, September 15th.
In other SSP Group PLC news, insider Swann,Kate acquired 38 shares of the business’s stock in a transaction dated Thursday, August 11th. The stock was bought at an average cost of £124.92 ($163.06) per share, with a total value of £4,746.96 ($6,196.27).
SSP Group PLC (LON:SSPG) traded up 1.00% during midday trading on Thursday, reaching GBX 324.40. The company had a trading volume of 527,183 shares. The company’s market cap is GBX 1.54 billion. SSP Group PLC has a 52-week low of GBX 260.40 and a 52-week high of GBX 339.50. The company’s 50-day moving average is GBX 323.89 and its 200 day moving average is GBX 308.36.
About SSP Group PLC
SSP Group plc is a United Kingdom-based operator of food and beverage outlets. The Company operates a range of outlets from quick service to fine dining. The Company provides a range of food and beverage products to a variety of customers in the travel environment. Its clients include owners and operators of airports and railway stations.
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