SSP Group (SSPG) Stock Rating Reaffirmed by Numis Securities
SSP Group (LON:SSPG)‘s stock had its “add” rating reiterated by analysts at Numis Securities in a note issued to investors on Wednesday.
A number of other equities research analysts also recently issued reports on the company. Credit Suisse Group initiated coverage on SSP Group in a research report on Thursday, August 23rd. They issued an “underperform” rating and a GBX 600 ($7.82) price objective on the stock. Deutsche Bank reiterated a “hold” rating on shares of SSP Group in a research report on Wednesday, July 18th. Liberum Capital reiterated a “buy” rating on shares of SSP Group in a research report on Tuesday, July 17th. Shore Capital reiterated a “buy” rating on shares of SSP Group in a research report on Friday, July 13th. Finally, UBS Group upgraded SSP Group to a “neutral” rating and increased their price objective for the stock from GBX 600 ($7.82) to GBX 710 ($9.25) in a research report on Wednesday, September 19th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 634.42 ($8.26).
Shares of SSPG stock opened at GBX 699.62 ($9.11) on Wednesday. SSP Group has a 52-week low of GBX 402.60 ($5.24) and a 52-week high of GBX 693 ($9.03).
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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