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

SSP Group (LON:SSPG)‘s stock had its “house stock” rating reiterated by equities researchers at Shore Capital Group in a note issued to investors on Tuesday,Digital Look reports.

A number of other brokerages also recently weighed in on SSPG. UBS Group reaffirmed a “neutral” rating and issued a GBX 180 target price on shares of SSP Group in a research note on Monday. Citigroup dropped their target price on shares of SSP Group from GBX 360 to GBX 350 and set a “buy” rating for the company in a research note on Monday, January 26th. Finally, Berenberg Bank reissued a “buy” rating and set a GBX 230 price target on shares of SSP Group in a research note on Monday, January 19th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, SSP Group currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 244.50.

SSP Group Trading Up 2.8%

Shares of SSPG stock opened at GBX 159.90 on Tuesday. SSP Group has a 12-month low of GBX 137.30 and a 12-month high of GBX 212.20. The company has a market capitalization of £1.24 billion, a P/E ratio of -17.19, a P/E/G ratio of -0.77 and a beta of 0.90. The firm has a 50-day moving average price of GBX 176.40 and a 200 day moving average price of GBX 179.11. The company has a quick ratio of 0.66, a current ratio of 0.44 and a debt-to-equity ratio of 2,629.60.

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).