SSP Group’s (SSPG) “House Stock” Rating Reaffirmed at Shore Capital

SSP Group (LON:SSPG)‘s stock had its “house stock” rating restated by Shore Capital in a research note issued to investors on Friday, Marketbeat reports.

Separately, Barclays restated an “overweight” rating and set a GBX 290 ($3.68) target price on shares of SSP Group in a report on Wednesday, January 31st. Four research analysts have rated the stock with a buy rating, According to MarketBeat.com, SSP Group has a consensus rating of “Buy” and an average price target of GBX 317.50 ($4.03).

SSP Group Trading Up 2.5 %

SSPG stock traded up GBX 5.40 ($0.07) during midday trading on Friday, hitting GBX 222.20 ($2.82). The company had a trading volume of 237,384 shares, compared to its average volume of 1,385,889. The company has a current ratio of 0.48, a quick ratio of 0.66 and a debt-to-equity ratio of 535.27. SSP Group has a 52 week low of GBX 175.70 ($2.23) and a 52 week high of GBX 283.20 ($3.59). The stock’s 50 day moving average price is GBX 223.92 and its 200 day moving average price is GBX 217.39. The stock has a market cap of £1.77 billion, a price-to-earnings ratio of 22,220.00, a PEG ratio of -0.77 and a beta of 1.79.

Insider Activity at SSP Group

In related news, insider Jonathan Davies sold 150 shares of the company’s stock in a transaction on Tuesday, December 19th. The stock was sold at an average price of GBX 236 ($3.00), for a total value of £354 ($449.30). 0.46% of the stock is owned by corporate insiders.

About SSP Group

SSP Group plc operates food and beverage outlets in North America, Europe, the United Kingdom, Ireland, the Asia Pacific, Eastern Europe, the Middle East, and internationally. The company operates outlets at airports, railway stations, motorway service areas, hospitals, and shopping centers. It also operates sandwich shops, cafes, bars, and restaurants.