SSP Group’s (SSPG) “Buy” Rating Reiterated at Liberum Capital

Liberum Capital reiterated their buy rating on shares of SSP Group (LON:SSPG) in a research report sent to investors on Thursday, ThisIsMoney.Co.Uk reports.

Several other research analysts have also issued reports on the stock. Shore Capital reissued a buy rating on shares of SSP Group in a research report on Thursday, January 17th. Jefferies Financial Group lowered shares of SSP Group to a hold rating in a research report on Tuesday, April 9th. UBS Group reissued a neutral rating on shares of SSP Group in a research report on Friday, May 10th. Barclays reissued an overweight rating and issued a GBX 765 ($10.00) price target on shares of SSP Group in a research report on Friday, May 10th. Finally, JPMorgan Chase & Co. increased their price target on shares of SSP Group from GBX 743 ($9.71) to GBX 775 ($10.13) and gave the stock an overweight rating in a research report on Friday, January 18th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of Hold and an average target price of GBX 691.67 ($9.04).

Shares of LON SSPG traded up GBX 4 ($0.05) during mid-day trading on Thursday, hitting GBX 697 ($9.11). The company had a trading volume of 1,180,640 shares, compared to its average volume of 1,080,000. The company has a debt-to-equity ratio of 107.09, a quick ratio of 0.45 and a current ratio of 0.63. 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 stock has a market cap of $3.08 billion and a PE ratio of 27.12.

The company also recently disclosed a dividend, which will be paid on Friday, June 28th. Stockholders of record on Thursday, June 6th will be issued a dividend of GBX 5.80 ($0.08) per share. This represents a dividend yield of 0.83%. The ex-dividend date is Thursday, June 6th. SSP Group’s payout ratio is 0.43%.

About SSP Group

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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