Brokerages Set SSP Group PLC (SSPG) Price Target at $518.50
SSP Group PLC (LON:SSPG) has received an average rating of “Hold” from the fourteen brokerages that are currently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 518.50 ($6.94).
SSPG has been the topic of a number of research reports. Numis Securities reissued an “add” rating and set a GBX 560 ($7.50) target price on shares of SSP Group in a report on Friday, September 29th. Liberum Capital reissued a “buy” rating and set a GBX 600 ($8.04) target price on shares of SSP Group in a report on Thursday, September 7th. Shore Capital reissued a “buy” rating on shares of SSP Group in a report on Thursday, September 28th. Panmure Gordon reissued a “hold” rating and set a GBX 500 ($6.70) target price on shares of SSP Group in a report on Thursday, October 5th. Finally, lowered shares of SSP Group to a “hold” rating and set a GBX 540 ($7.23) target price on the stock. in a report on Wednesday, September 27th.
SSP Group (LON SSPG) traded down GBX 3 ($0.04) during mid-day trading on Monday, reaching GBX 645.50 ($8.64). 1,256,730 shares of the company were exchanged, compared to its average volume of 910,325. SSP Group has a twelve month low of GBX 342 ($4.58) and a twelve month high of GBX 672.45 ($9.01).
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SSP Group Company Profile
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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