SSP Group (SSPG) Given Neutral Rating at UBS Group
UBS Group reissued their neutral rating on shares of SSP Group (LON:SSPG) in a research note released on Wednesday morning, ThisIsMoney.Co.Uk reports. The firm currently has a GBX 715 ($9.34) target price on the stock, up from their previous target price of GBX 685 ($8.95).
SSPG has been the topic of several other research reports. Barclays restated an overweight rating on shares of SSP Group in a report on Thursday, May 16th. Jefferies Financial Group cut shares of SSP Group to a hold rating in a report on Tuesday, April 9th. Finally, Liberum Capital restated a buy rating on shares of SSP Group in a report on Thursday, May 16th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company’s stock. SSP Group has an average rating of Hold and a consensus target price of GBX 691.88 ($9.04).
LON:SSPG opened at GBX 685 ($8.95) on Wednesday. SSP Group has a 52 week low of GBX 611.80 ($7.99) and a 52 week high of GBX 751.07 ($9.81). The company has a debt-to-equity ratio of 130.95, a quick ratio of 0.59 and a current ratio of 0.65. The company has a market cap of $3.03 billion and a PE ratio of 26.35.
About SSP Group
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.
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