SSP Group PLC’s (SSPG) “Buy” Rating Reiterated at Numis Securities Ltd
SSP Group PLC (LON:SSPG)‘s stock had its “buy” rating reiterated by investment analysts at Numis Securities Ltd in a note issued to investors on Tuesday. They currently have a GBX 430 ($5.33) price target on the stock. Numis Securities Ltd’s price objective would suggest a potential upside of 27.67% from the stock’s current price.
Several other research firms have also issued reports on SSPG. Canaccord Genuity raised their price target on SSP Group PLC from GBX 340 ($4.22) to GBX 360 ($4.47) and gave the stock a “hold” rating in a research report on Tuesday, November 8th. Barclays PLC raised their price target on SSP Group PLC from GBX 280 ($3.47) to GBX 310 ($3.85) and gave the stock an “equal weight” rating in a research report on Thursday, November 10th. JPMorgan Chase & Co. raised their price target on SSP Group PLC from GBX 366 ($4.54) to GBX 385 ($4.78) and gave the stock an “overweight” rating in a research report on Friday, October 21st. Finally, Panmure Gordon raised their price target on SSP Group PLC from GBX 350 ($4.34) to GBX 380 ($4.71) and gave the stock a “buy” rating in a research report on Thursday, September 15th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of GBX 358.75 ($4.45).
SSP Group PLC (LON:SSPG) opened at 372.60 on Tuesday. SSP Group PLC has a one year low of GBX 260.40 and a one year high of GBX 374.80. The firm’s market cap is GBX 1.77 billion. The stock’s 50 day moving average price is GBX 334.99 and its 200-day moving average price is GBX 319.57.
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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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