Analysts Set SSP Group PLC (SSPG) Price Target at $475.58

Shares of SSP Group PLC (LON:SSPG) have received a consensus recommendation of “Hold” from the fourteen ratings firms that are presently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is GBX 475.58 ($6.14).

Several brokerages recently issued reports on SSPG. Citigroup Inc. restated a “neutral” rating on shares of SSP Group PLC in a research report on Tuesday. Liberum Capital restated a “buy” rating and set a GBX 600 ($7.75) price objective on shares of SSP Group PLC in a research report on Wednesday, August 30th. J P Morgan Chase & Co lifted their price objective on SSP Group PLC from GBX 395 ($5.10) to GBX 400 ($5.17) and gave the stock a “neutral” rating in a research report on Friday, May 19th. Numis Securities Ltd restated an “add” rating and set a GBX 510 ($6.59) price objective on shares of SSP Group PLC in a research report on Wednesday, July 12th. Finally, Kepler Capital Markets lifted their price objective on SSP Group PLC from GBX 455 ($5.88) to GBX 470 ($6.07) and gave the stock a “hold” rating in a research report on Thursday, July 13th.

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SSP Group PLC (LON:SSPG) traded down 0.10% during midday trading on Wednesday, hitting GBX 518.00. The stock had a trading volume of 1,172,963 shares. The stock has a 50-day moving average price of GBX 530.07 and a 200 day moving average price of GBX 474.99. The firm’s market cap is GBX 2.46 billion. SSP Group PLC has a 12-month low of GBX 312.30 and a 12-month high of GBX 563.50.

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).

Analyst Recommendations for SSP Group PLC (LON:SSPG)

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