SSP Group PLC (LON:SSPG) Receives GBX 472.85 Average PT from Analysts
SSP Group PLC (LON:SSPG) has been assigned an average rating of “Hold” from the fourteen analysts that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 472.85 ($6.16).
Several equities research analysts recently commented on SSPG shares. Numis Securities Ltd reiterated an “add” rating and issued a GBX 450 ($5.86) price objective on shares of SSP Group PLC in a report on Wednesday, April 12th. Panmure Gordon downgraded SSP Group PLC to a “hold” rating and set a GBX 400 ($5.21) price target for the company. in a research note on Friday, April 21st. Deutsche Bank AG assumed coverage on SSP Group PLC in a research note on Wednesday, April 26th. They set a “hold” rating and a GBX 440 ($5.73) price objective for the company. Kepler Capital Markets boosted their price objective on SSP Group PLC from GBX 404 ($5.26) to GBX 440 ($5.73) and gave the company a “hold” rating in a research note on Tuesday, May 9th. Finally, J P Morgan Chase & Co cut their price objective on SSP Group PLC from GBX 400 ($5.21) to GBX 395 ($5.14) and set a “neutral” rating for the company in a research note on Thursday, May 11th.
Shares of SSP Group PLC (LON:SSPG) traded down 0.47% during mid-day trading on Tuesday, reaching GBX 533.50. 535,388 shares of the company’s stock traded hands. SSP Group PLC has a 12 month low of GBX 312.00 and a 12 month high of GBX 536.00. The firm has a 50 day moving average price of GBX 495.81 and a 200-day moving average price of GBX 451.11. The stock’s market cap is GBX 2.54 billion.
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About SSP Group PLC
SSP Group plc is an operator of food and beverage concessions in travel locations, operating restaurants, bars, cafes, food courts, lounges and stores in airports, train stations, motorway service stations and other locations. The Company’s segments are the UK, Continental Europe, North America and the Rest of the World (RoW).
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