SSP Group’s (SSPG) Buy Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reissued their buy rating on shares of SSP Group (LON:SSPG) in a research note published on Wednesday morning,Digital Look reports. Deutsche Bank Aktiengesellschaft currently has a GBX 262 price objective on the stock.

A number of other equities research analysts also recently commented on the company. Berenberg Bank reiterated a “buy” rating and issued a GBX 230 target price on shares of SSP Group in a research report on Thursday, May 21st. Shore Capital Group reaffirmed a “house stock” rating on shares of SSP Group in a research note on Tuesday. UBS Group reaffirmed a “neutral” rating and set a GBX 180 price objective on shares of SSP Group in a report on Monday, May 18th. Finally, Citigroup lowered their target price on SSP Group from GBX 3,600 to GBX 3,200 and set a “buy” rating for the company in a research report on Monday, June 8th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 719.50.

SSP Group Price Performance

SSPG stock opened at GBX 200.60 on Wednesday. SSP Group has a one year low of GBX 137.30 and a one year high of GBX 212.20. The company’s fifty day moving average price is GBX 183.08 and its 200-day moving average price is GBX 182.52. The company has a debt-to-equity ratio of 36,503.12, a quick ratio of 0.66 and a current ratio of 0.37. The company has a market capitalization of £1.54 billion, a PE ratio of -55.72, a price-to-earnings-growth ratio of -0.77 and a beta of 0.91.

SSP Group (LON:SSPG) last posted its earnings results on Tuesday, May 19th. The company reported GBX (2) earnings per share for the quarter. The company had revenue of GBX 176.34 billion for the quarter. SSP Group had a negative net margin of 0.78% and a negative return on equity of 65.76%. On average, equities analysts anticipate that SSP Group will post 13.1004016 EPS for the current fiscal year.

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).