SSP Group plc (LON:SSPG) Given Average Recommendation of “Moderate Buy” by Analysts

SSP Group plc (LON:SSPG) has been assigned an average rating of “Moderate Buy” from the six analysts that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is GBX 244.50.

Several research analysts have issued reports on the stock. Citigroup dropped their target price on shares of SSP Group from GBX 360 to GBX 350 and set a “buy” rating on the stock in a report on Monday, January 26th. Shore Capital Group reissued a “house stock” rating on shares of SSP Group in a research report on Monday, May 11th. Finally, Berenberg Bank reissued a “buy” rating and set a GBX 230 price target on shares of SSP Group in a research report on Monday, January 19th.

SSP Group Stock Down 0.4%

Shares of SSP Group stock opened at GBX 152 on Monday. The company has a debt-to-equity ratio of 2,629.60, a current ratio of 0.44 and a quick ratio of 0.66. SSP Group has a 1 year low of GBX 137.30 and a 1 year high of GBX 212.20. The firm’s 50-day moving average is GBX 177.08 and its two-hundred day moving average is GBX 179.14. The stock has a market cap of £1.18 billion, a price-to-earnings ratio of -16.34, a PEG ratio of -0.77 and a beta of 0.90.

About SSP Group

SSP is a leading operator of food and beverage outlets in travel locations worldwide, with c.37,000 colleagues in over 600 locations across 36 countries. We operate sit-down and quick service restaurants, cafes, lounges and food-led convenience stores, principally in airports and train stations, with a portfolio of more than 550 international, national and local brands. These include our own brands (such as UrbanCrave, which brought the first “street eats” concept to airports in the US, Nippon Ramen, a noodle and dumpling concept in the Asia Pac region, and Juniper, a premium bar in the UK) as well as franchise brands (such as M&S, Starbucks and Burger King).