SSP Group PLC (SSPG) Receives Average Recommendation of “Hold” from Analysts

SSP Group PLC (LON:SSPG) has received a consensus recommendation of “Hold” from the thirteen brokerages that are covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is GBX 655.33 ($8.56).

SSPG has been the topic of a number of research reports. Liberum Capital reissued a “buy” rating on shares of SSP Group in a research report on Wednesday, October 3rd. UBS Group raised shares of SSP Group to a “neutral” rating and boosted their price objective for the stock from GBX 600 ($7.84) to GBX 710 ($9.28) in a research report on Wednesday, September 19th. Shore Capital reissued a “buy” rating on shares of SSP Group in a research report on Thursday, October 4th. Barclays boosted their price objective on shares of SSP Group from GBX 650 ($8.49) to GBX 730 ($9.54) and gave the stock an “overweight” rating in a research report on Thursday, September 27th. Finally, Canaccord Genuity reissued a “hold” rating and issued a GBX 680 ($8.89) price objective on shares of SSP Group in a research report on Wednesday, September 26th.

SSPG traded up GBX 1.90 ($0.02) during trading on Thursday, reaching GBX 679.40 ($8.88). The company had a trading volume of 922,296 shares, compared to its average volume of 1,080,000. SSP Group has a 12 month low of GBX 402.60 ($5.26) and a 12 month high of GBX 693 ($9.06).

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.

Recommended Story: How accurate is the Rule of 72?

Analyst Recommendations for SSP Group (LON:SSPG)

Receive News & Ratings for SSP Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SSP Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply