J P Morgan Chase & Co Boosts SSP Group PLC (SSPG) Price Target to GBX 450
SSP Group PLC (LON:SSPG) had its price objective increased by J P Morgan Chase & Co from GBX 415 ($5.46) to GBX 450 ($5.92) in a research report sent to investors on Wednesday morning. The firm currently has a neutral rating on the stock.
Several other brokerages also recently weighed in on SSPG. Barclays PLC reiterated an overweight rating and set a GBX 625 ($8.22) target price on shares of SSP Group PLC in a research note on Monday, November 6th. Morgan Stanley downgraded shares of SSP Group PLC to an underweight rating and increased their target price for the stock from GBX 450 ($5.92) to GBX 480 ($6.31) in a research note on Tuesday, September 5th. Panmure Gordon reiterated a hold rating and set a GBX 500 ($6.58) target price on shares of SSP Group PLC in a research note on Thursday, October 5th. Liberum Capital reiterated a buy rating and set a GBX 600 ($7.89) target price on shares of SSP Group PLC in a research note on Wednesday, August 30th. Finally, Citigroup Inc. reiterated a neutral rating on shares of SSP Group PLC in a research note on Tuesday, September 12th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of Hold and an average target price of GBX 505.15 ($6.64).
Shares of SSP Group PLC (LON:SSPG) traded up GBX 7.50 ($0.10) on Wednesday, hitting GBX 597 ($7.85). 636,119 shares of the stock traded hands, compared to its average volume of 758,073. SSP Group PLC has a twelve month low of GBX 322.90 ($4.25) and a twelve month high of GBX 598.40 ($7.87).
SSP Group PLC Company Profile
SSP Group plc is an operator of food and beverage concessions in travel locations, operating restaurants, bars, cafes, food courts, lounges and stores in airports, train stations, motorway service stations and other locations. The Company’s segments are the UK, Continental Europe, North America and the Rest of the World (RoW).
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