SSP Group’s (SSPG) House Stock Rating Reiterated at Shore Capital Group

SSP Group (LON:SSPG)‘s stock had its “house stock” rating reissued by research analysts at Shore Capital Group in a research report issued on Tuesday,Digital Look reports.

Several other brokerages have also commented on SSPG. Citigroup dropped their price target on shares of SSP Group from GBX 360 to GBX 350 and set a “buy” rating on the stock in a research note on Monday, January 26th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 230 price objective on shares of SSP Group in a research note on Monday, January 19th. Finally, UBS Group reiterated a “neutral” rating and issued a GBX 180 target price on shares of SSP Group in a research report on Monday. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 244.50.

SSP Group Stock Up 2.8%

Shares of SSP Group stock opened at GBX 159.90 on Tuesday. The company has a fifty day moving average price of GBX 176.40 and a 200 day moving average price of GBX 179.11. The company has a current ratio of 0.44, a quick ratio of 0.66 and a debt-to-equity ratio of 2,629.60. SSP Group has a twelve month low of GBX 137.30 and a twelve month high of GBX 212.20. The stock has a market cap of £1.24 billion, a price-to-earnings ratio of -17.19, a price-to-earnings-growth ratio of -0.77 and a beta of 0.90.

SSP Group Company Profile

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).