SSP Group PLC (SSPG) PT Raised to GBX 380 at Panmure Gordon
SSP Group PLC (LON:SSPG) had its price target lifted by Panmure Gordon from GBX 350 ($4.57) to GBX 380 ($4.96) in a research report sent to investors on Thursday. Panmure Gordon currently has a buy rating on the stock.
A number of other analysts have also recently issued reports on SSPG. Canaccord Genuity increased their price objective on shares of SSP Group PLC from GBX 320 ($4.18) to GBX 340 ($4.44) and gave the stock a hold rating in a research note on Wednesday, May 25th. Barclays PLC reduced their price objective on shares of SSP Group PLC from GBX 314 ($4.10) to GBX 280 ($3.65) and set an equal weight rating for the company in a research note on Wednesday, June 29th. Citigroup Inc. increased their price objective on shares of SSP Group PLC from GBX 350 ($4.57) to GBX 370 ($4.83) and gave the stock a buy rating in a research note on Thursday, May 19th. Shore Capital reissued a buy rating on shares of SSP Group PLC in a research note on Tuesday, July 19th. Finally, JPMorgan Chase & Co. reissued an overweight rating and issued a GBX 358 ($4.67) price objective on shares of SSP Group PLC in a research note on Monday, August 1st. Five research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. SSP Group PLC currently has an average rating of Buy and a consensus target price of GBX 341.10 ($4.45).
SSP Group PLC (LON:SSPG) opened at 321.20 on Thursday. The stock’s market cap is GBX 1.53 billion. The company has a 50-day moving average of GBX 326.74 and a 200-day moving average of GBX 305.57. SSP Group PLC has a 12 month low of GBX 260.40 and a 12 month high of GBX 339.50.
In other SSP Group PLC news, insider Swann,Kate acquired 38 shares of the stock in a transaction on Thursday, August 11th. The stock was acquired at an average price of £124.92 ($163.06) per share, for a total transaction of £4,746.96 ($6,196.27).
SSP Group PLC Company Profile
SSP Group plc is a United Kingdom-based operator of food and beverage outlets. The Company operates a range of outlets from quick service to fine dining. The Company provides a range of food and beverage products to a variety of customers in the travel environment. Its clients include owners and operators of airports and railway stations.
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