SSP Group PLC (LON:SSPG) Price Target Raised to GBX 470 at Kepler Capital Markets

SSP Group PLC (LON:SSPG) had its price target raised by Kepler Capital Markets from GBX 455 ($5.89) to GBX 470 ($6.09) in a report published on Thursday morning. Kepler Capital Markets currently has a hold rating on the stock.

Several other research analysts have also weighed in on SSPG. Numis Securities Ltd reaffirmed an add rating and set a GBX 450 ($5.83) price target on shares of SSP Group PLC in a research report on Wednesday, April 12th. Panmure Gordon lowered SSP Group PLC to a hold rating and set a GBX 400 ($5.18) price target on the stock. in a research report on Friday, April 21st. Deutsche Bank AG started coverage on SSP Group PLC in a research report on Wednesday, April 26th. They set a hold rating and a GBX 440 ($5.70) price target on the stock. J P Morgan Chase & Co lowered their price target on SSP Group PLC from GBX 400 ($5.18) to GBX 395 ($5.12) and set a neutral rating on the stock in a research report on Thursday, May 11th. Finally, Shore Capital reaffirmed a buy rating on shares of SSP Group PLC in a research report on Thursday, May 18th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company. SSP Group PLC presently has an average rating of Hold and a consensus price target of GBX 450.31 ($5.83).

Shares of SSP Group PLC (LON SSPG) traded down 0.95% during trading on Thursday, reaching GBX 491.00. The company’s stock had a trading volume of 673,780 shares. The stock’s 50 day moving average price is GBX 480.10 and its 200 day moving average price is GBX 428.18. SSP Group PLC has a 52 week low of GBX 291.70 and a 52 week high of GBX 509.00. The company’s market cap is GBX 2.33 billion.

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The company also recently declared a dividend, which was paid on Monday, July 3rd. Investors of record on Thursday, June 1st were paid a GBX 3.20 ($0.04) dividend. The ex-dividend date was Thursday, June 1st. This is an increase from SSP Group PLC’s previous dividend of $2.90. This represents a yield of 0.68%.

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).

Analyst Recommendations for SSP Group PLC (LON:SSPG)

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