SSP Group PLC (SSPG) Rating Reiterated by Panmure Gordon
SSP Group PLC (LON:SSPG)‘s stock had its “hold” rating reissued by stock analysts at Panmure Gordon in a note issued to investors on Thursday. They currently have a GBX 500 ($6.63) target price on the stock. Panmure Gordon’s price objective would indicate a potential downside of 8.51% from the company’s current price.
Several other equities analysts have also recently weighed in on SSPG. J P Morgan Chase & Co reiterated a “neutral” rating and set a GBX 415 ($5.50) price objective on shares of SSP Group PLC in a report on Friday, September 29th. Liberum Capital reiterated a “buy” rating and set a GBX 600 ($7.96) price objective on shares of SSP Group PLC in a report on Thursday, September 28th. Numis Securities Ltd reiterated an “add” rating and set a GBX 560 ($7.43) price objective on shares of SSP Group PLC in a report on Friday, September 29th. Kepler Capital Markets lifted their price objective on SSP Group PLC from GBX 455 ($6.04) to GBX 470 ($6.23) and gave the company a “hold” rating in a report on Thursday, July 13th. Finally, Citigroup Inc. reiterated a “neutral” rating on shares of SSP Group PLC in a report on Tuesday, September 12th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the company. SSP Group PLC presently has a consensus rating of “Hold” and a consensus price target of GBX 491.31 ($6.52).
SSP Group PLC (LON:SSPG) opened at 546.50 on Thursday. SSP Group PLC has a one year low of GBX 315.00 and a one year high of GBX 563.50. The firm’s market cap is GBX 2.60 billion. The stock has a 50 day moving average price of GBX 530.11 and a 200-day moving average price of GBX 485.85.
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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