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

Shares of SSP Group plc (LON:SSPG) have been given an average recommendation of “Moderate Buy” by the six research firms that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is GBX 719.50.

Several analysts have weighed in on SSPG shares. Berenberg Bank reiterated a “buy” rating and issued a GBX 230 price objective on shares of SSP Group in a research report on Thursday, May 21st. Citigroup lowered 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. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 262 price objective on shares of SSP Group in a research report on Wednesday, May 20th. Shore Capital Group reiterated a “house stock” rating on shares of SSP Group in a research report on Tuesday, May 19th. Finally, UBS Group restated a “neutral” rating and set a GBX 180 price target on shares of SSP Group in a report on Monday, May 18th.

SSP Group Stock Performance

Shares of SSPG stock opened at GBX 170.40 on Friday. The company has a debt-to-equity ratio of 36,503.13, a quick ratio of 0.66 and a current ratio of 0.37. SSP Group has a fifty-two week low of GBX 137.30 and a fifty-two week high of GBX 212.20. The stock has a 50 day moving average price of GBX 172.16 and a two-hundred day moving average price of GBX 181.46. The company has a market capitalization of £1.31 billion, a P/E ratio of -47.33, a PEG ratio of -0.77 and a beta of 0.93.

SSP Group (LON:SSPG) last announced its quarterly earnings data on Tuesday, May 19th. The company reported GBX (2) earnings per share for the quarter. SSP Group had a negative net margin of 0.78% and a negative return on equity of 65.76%. The company had revenue of GBX 176.34 billion during the quarter. Analysts expect that SSP Group will post 13.1004016 earnings per share for the current 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).