Liberum Capital Reiterates “Buy” Rating for SSP Group PLC (SSPG)
SSP Group PLC (LON:SSPG)‘s stock had its “buy” rating reissued by analysts at Liberum Capital in a research report issued on Friday. They presently have a GBX 600 ($7.89) price target on the stock. Liberum Capital’s price objective indicates a potential downside of 1.15% from the company’s current price.
Several other equities research analysts have also weighed in on the company. Morgan Stanley lowered SSP Group PLC to an “underweight” rating and raised their price objective for the stock from GBX 450 ($5.92) to GBX 480 ($6.31) in a research note on Tuesday, September 5th. Barclays PLC raised SSP Group PLC to an “overweight” rating and raised their price objective for the stock from GBX 480 ($6.31) to GBX 625 ($8.22) in a research note on Monday, October 23rd. Goldman Sachs Group, Inc. (The) initiated coverage on SSP Group PLC in a research note on Friday, July 21st. They set a “neutral” rating and a GBX 512 ($6.73) price objective for the company. lowered SSP Group PLC to a “hold” rating and set a GBX 540 ($7.10) price objective for the company. in a research note on Wednesday, September 27th. Finally, Shore Capital reissued a “buy” rating on shares of SSP Group PLC in a research note on Thursday, September 28th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company’s stock. SSP Group PLC currently has a consensus rating of “Hold” and an average target price of GBX 505.15 ($6.64).
Shares of SSP Group PLC (LON SSPG) opened at GBX 607 ($7.98) on Friday. SSP Group PLC has a one year low of GBX 323.20 ($4.25) and a one year high of GBX 612.50 ($8.06).
About SSP Group PLC
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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