SSP Group PLC (LON:SSPG) had its price objective hoisted by J P Morgan Chase & Co from GBX 415 ($5.46) to GBX 450 ($5.92) in a research note published on Wednesday, November 8th. The firm currently has a neutral rating on the stock.
Several other brokerages have also recently commented on SSPG. Barclays PLC reaffirmed an overweight rating and issued a GBX 625 ($8.22) price objective on shares of SSP Group PLC in a research report on Monday, November 6th. Morgan Stanley lowered SSP Group PLC to an underweight rating and raised their price objective for the stock from GBX 450 ($5.92) to GBX 480 ($6.31) in a research note on Tuesday, September 5th. Panmure Gordon restated a hold rating and set a GBX 500 ($6.58) price objective on shares of SSP Group PLC in a research note on Thursday, October 5th. Liberum Capital reiterated a buy rating and issued a GBX 600 ($7.89) price target on shares of SSP Group PLC in a research note on Wednesday, August 30th. Finally, Citigroup Inc. reiterated a neutral rating on shares of SSP Group PLC in a research note on Tuesday, September 12th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the company’s stock. SSP Group PLC currently has an average rating of Hold and an average target price of GBX 505.15 ($6.64).
SSP Group PLC (LON SSPG) opened at GBX 606 ($7.97) on Wednesday. SSP Group PLC has a 52-week low of GBX 330.80 ($4.35) and a 52-week high of GBX 614 ($8.08).
About SSP Group PLC
SSP Group plc is an operator of food and beverage concessions in travel locations, operating restaurants, bars, cafes, food courts, lounges and stores in airports, train stations, motorway service stations and other locations. The Company’s segments are the UK, Continental Europe, North America and the Rest of the World (RoW).
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