SSP Group’s (SSPG) Neutral Rating Reiterated at UBS Group

SSP Group (LON:SSPG)‘s stock had its “neutral” rating reaffirmed by analysts at UBS Group in a research note issued to investors on Monday,Digital Look reports. They presently have a GBX 180 target price on the stock. UBS Group’s price target would suggest a potential upside of 16.28% from the company’s previous close.

Several other equities research analysts have also issued reports on SSPG. Shore Capital Group reissued a “house stock” rating on shares of SSP Group in a report on Monday, May 11th. Berenberg Bank reiterated a “buy” rating and set a GBX 230 target price on shares of SSP Group in a research report on Monday, January 19th. Finally, Citigroup lowered their target price on shares of SSP Group from GBX 360 to GBX 350 and set a “buy” rating on the stock in a research note on Monday, January 26th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, SSP Group has a consensus rating of “Moderate Buy” and an average target price of GBX 244.50.

SSP Group Price Performance

Shares of SSPG stock opened at GBX 154.80 on Monday. The stock has a 50 day moving average of GBX 177.08 and a two-hundred day moving average of GBX 179.14. The company has a current ratio of 0.44, a quick ratio of 0.66 and a debt-to-equity ratio of 2,629.60. SSP Group has a 12 month low of GBX 137.30 and a 12 month high of GBX 212.20. The company has a market capitalization of £1.20 billion, a P/E ratio of -16.65, a P/E/G ratio of -0.77 and a beta of 0.90.

About SSP Group

SSP is a leading operator of food and beverage outlets in travel locations worldwide, with c.37,000 colleagues in over 600 locations across 36 countries. We operate sit-down and quick service restaurants, cafes, lounges and food-led convenience stores, principally in airports and train stations, with a portfolio of more than 550 international, national and local brands. These include our own brands (such as UrbanCrave, which brought the first “street eats” concept to airports in the US, Nippon Ramen, a noodle and dumpling concept in the Asia Pac region, and Juniper, a premium bar in the UK) as well as franchise brands (such as M&S, Starbucks and Burger King).