SSP Group PLC (SSPG) Coverage Initiated by Analysts at Numis Securities Ltd
Equities research analysts at Numis Securities Ltd began coverage on shares of SSP Group PLC (LON:SSPG) in a research report issued to clients and investors on Monday. The brokerage set a “buy” rating and a GBX 390 ($5.09) price target on the stock. Numis Securities Ltd’s price target indicates a potential upside of 23.26% from the stock’s previous close.
SSPG has been the subject of a number of other research reports. Panmure Gordon upped their price target on shares of 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. Shore Capital reaffirmed a “buy” rating on shares of SSP Group PLC in a report on Tuesday, July 19th. Barclays PLC reaffirmed an “equal weight” rating and set a GBX 280 ($3.65) price target on shares of SSP Group PLC in a report on Wednesday, July 20th. Finally, JPMorgan Chase & Co. upped their price target on shares of SSP Group PLC from GBX 358 ($4.67) to GBX 366 ($4.78) and gave the stock an “overweight” rating in a report on Wednesday, September 14th. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of GBX 345.10 ($4.50).
SSP Group PLC (LON:SSPG) opened at 321.10 on Monday. The firm has a 50-day moving average of GBX 323.53 and a 200-day moving average of GBX 308.41. SSP Group PLC has a 52 week low of GBX 260.40 and a 52 week high of GBX 339.50. The company’s market capitalization is GBX 1.53 billion.
In other SSP Group PLC news, insider Swann,Kate purchased 38 shares of the company’s stock in a transaction dated Thursday, August 11th. The stock was purchased at an average price of £124.92 ($163.06) per share, with a total value of £4,746.96 ($6,196.27).
SSP Group PLC Company Profile
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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