SSP Group (SSPG) Receives Buy Rating from Liberum Capital

SSP Group (LON:SSPG)‘s stock had its “buy” rating reiterated by analysts at Liberum Capital in a note issued to investors on Wednesday.

Other research analysts also recently issued reports about the company. Credit Suisse Group began coverage on SSP Group in a research note on Thursday, August 23rd. They set an “underperform” rating and a GBX 600 ($7.82) price target on the stock. Numis Securities upped their price target on SSP Group from GBX 740 ($9.64) to GBX 760 ($9.90) and gave the stock an “add” rating in a research note on Friday, July 27th. Shore Capital reaffirmed a “buy” rating on shares of SSP Group in a research note on Friday, July 13th. UBS Group raised SSP Group to a “neutral” rating and increased their price objective for the stock from GBX 600 ($7.82) to GBX 710 ($9.25) in a research note on Wednesday, September 19th. Finally, Deutsche Bank reaffirmed a “hold” rating on shares of SSP Group in a report on Wednesday, July 18th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of GBX 634.42 ($8.26).

SSPG stock opened at GBX 716 ($9.33) on Wednesday. SSP Group has a fifty-two week low of GBX 402.60 ($5.24) and a fifty-two week high of GBX 693 ($9.03).

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.

Further Reading: How to Calculate Compound Annual Growth Rate (CAGR)

Analyst Recommendations for SSP Group (LON:SSPG)

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