Numis Securities Ltd Reaffirms “Add” Rating for SSP Group PLC (SSPG)
Numis Securities Ltd reiterated their add rating on shares of SSP Group PLC (LON:SSPG) in a research report released on Friday morning. Numis Securities Ltd currently has a GBX 560 ($7.53) price objective on the stock.
Other equities analysts have also recently issued reports about the stock. J P Morgan Chase & Co reaffirmed a neutral rating and issued a GBX 415 ($5.58) target price on shares of SSP Group PLC in a report on Friday. Liberum Capital reiterated a buy rating and set a GBX 600 ($8.07) price target on shares of SSP Group PLC in a research note on Thursday. Kepler Capital Markets raised their price objective on shares of SSP Group PLC from GBX 455 ($6.12) to GBX 470 ($6.32) and gave the stock a hold rating in a research report on Thursday, July 13th. Citigroup Inc. reissued a neutral rating on shares of SSP Group PLC in a research report on Tuesday, September 12th. Finally, Shore Capital reissued a buy rating on shares of SSP Group PLC in a research report on Thursday. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of Hold and a consensus target price of GBX 483.62 ($6.50).
SSP Group PLC (LON SSPG) opened at 538.50 on Friday. The firm’s 50 day moving average price is GBX 530.80 and its 200-day moving average price is GBX 477.34. SSP Group PLC has a 1-year low of GBX 315.00 and a 1-year high of GBX 563.50. The stock’s market cap is GBX 2.56 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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