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

Deutsche Bank Aktiengesellschaft reaffirmed their buy rating on shares of SSP Group (LON:SSPG) in a report issued on Monday, MarketBeat.com reports. Deutsche Bank Aktiengesellschaft currently has a GBX 262 price objective on the stock.

A number of other equities analysts also recently weighed in on SSPG. Shore Capital Group reaffirmed a “house stock” rating on shares of SSP Group in a research note on Tuesday, July 28th. Citigroup reduced their price objective 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. Berenberg Bank boosted their target price on SSP Group from GBX 230 to GBX 240 and gave the company a “buy” rating in a research note on Tuesday, August 4th. Finally, UBS Group reaffirmed a “neutral” rating and issued a GBX 180 target price on shares of SSP Group in a research report on Monday, May 18th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 721.17.

SSP Group Stock Down 0.5%

SSP Group stock opened at GBX 203.60 on Monday. The firm has a market cap of £1.55 billion, a PE ratio of -56.56, a P/E/G ratio of -0.77 and a beta of 0.91. 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 firm’s 50 day moving average price is GBX 194.04 and its two-hundred day moving average price is GBX 184.20. SSP Group has a twelve month low of GBX 137.30 and a twelve month high of GBX 219.40.

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

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).