Barclays Reiterates Overweight Rating for SSP Group (SSPG)

SSP Group (LON:SSPG)‘s stock had its “overweight” rating reissued by investment analysts at Barclays in a note issued to investors on Friday, ThisIsMoney.Co.Uk reports.

A number of other equities research analysts also recently issued reports on SSPG. UBS Group reiterated a “neutral” rating and set a GBX 685 ($8.95) price target (down from GBX 710 ($9.28)) on shares of SSP Group in a research report on Friday, January 11th. Shore Capital reiterated a “buy” rating on shares of SSP Group in a research report on Thursday, January 17th. Liberum Capital reiterated a “buy” rating on shares of SSP Group in a research report on Thursday, January 17th. Goldman Sachs Group lifted their price target on shares of SSP Group from GBX 615 ($8.04) to GBX 620 ($8.10) and gave the company a “sell” rating in a research report on Friday, January 18th. Finally, JPMorgan Chase & Co. lifted their price target on shares of SSP Group from GBX 743 ($9.71) to GBX 775 ($10.13) and gave the company an “overweight” rating in a research report on Friday, January 18th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of GBX 691.67 ($9.04).

SSPG stock opened at GBX 686 ($8.96) on Friday. SSP Group has a 12-month low of GBX 611.80 ($7.99) and a 12-month high of GBX 746.90 ($9.76). The company has a debt-to-equity ratio of 107.09, a current ratio of 0.63 and a quick ratio of 0.45. The company has a market cap of $3.02 billion and a PE ratio of 26.69.

SSP Group Company Profile

SSP Group plc operates food and beverage outlets. The company operates outlets at airports, railway stations, motorway service areas, hospitals, and sports stadia and shopping areas. It operates approximately 450 brands through a portfolio of 2,500 outlets, including coffee shops, sandwich bars, bakeries, and casual and fine-dining restaurants, as well as convenience and retail outlets in travel locations in approximately 30 countries in the United Kingdom, Europe, North America, the Asia Pacific, and the Middle East.

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Analyst Recommendations for SSP Group (LON:SSPG)

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