UBS Group reiterated their neutral rating on shares of SSP Group (LON:SSPG) in a report published on Friday morning, ThisIsMoney.Co.Uk reports.
Several other equities analysts have also recently weighed in on the company. Liberum Capital reissued a buy rating on shares of SSP Group in a report on Thursday, January 17th. JPMorgan Chase & Co. increased their price target on SSP Group from GBX 743 ($9.71) to GBX 775 ($10.13) and gave the company an overweight rating in a report on Friday, January 18th. Goldman Sachs Group increased their price target on SSP Group from GBX 615 ($8.04) to GBX 620 ($8.10) and gave the company a sell rating in a report on Friday, January 18th. Barclays reissued an overweight rating and set a GBX 765 ($10.00) price target on shares of SSP Group in a report on Friday, January 18th. Finally, Shore Capital reissued a buy rating on shares of SSP Group in a report on Thursday, January 17th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company. SSP Group currently has a consensus rating of Hold and an average target price of GBX 691.67 ($9.04).
LON SSPG opened at GBX 691 ($9.03) on Friday. The firm has a market cap of $3.05 billion and a PE ratio of 26.89. The company has a current ratio of 0.63, a quick ratio of 0.45 and a debt-to-equity ratio of 107.09. SSP Group has a 1-year low of GBX 611.80 ($7.99) and a 1-year high of GBX 746.90 ($9.76).
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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