Kepler Capital Markets Boosts SSP Group PLC (SSPG) Price Target to GBX 470
SSP Group PLC (LON:SSPG) had its price objective hoisted by Kepler Capital Markets from GBX 455 ($5.94) to GBX 470 ($6.14) in a research note released on Thursday. Kepler Capital Markets currently has a hold rating on the stock.
Several other equities analysts have also weighed in on SSPG. Numis Securities Ltd reissued an add rating and set a GBX 450 ($5.88) price objective on shares of SSP Group PLC in a report on Wednesday, April 12th. Panmure Gordon lowered SSP Group PLC to a hold rating and set a GBX 400 ($5.22) price target for the company. in a report on Friday, April 21st. Deutsche Bank AG initiated coverage on SSP Group PLC in a report on Wednesday, April 26th. They issued a hold rating and a GBX 440 ($5.75) price target for the company. J P Morgan Chase & Co cut their price target on SSP Group PLC from GBX 400 ($5.22) to GBX 395 ($5.16) and set a neutral rating for the company in a report on Thursday, May 11th. Finally, Shore Capital reaffirmed a buy rating on shares of SSP Group PLC in a report on Thursday, May 18th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the stock. SSP Group PLC currently has a consensus rating of Hold and an average price target of GBX 463.38 ($6.05).
Shares of SSP Group PLC (LON:SSPG) opened at 486.90 on Thursday. The firm’s market capitalization is GBX 2.31 billion. SSP Group PLC has a 12-month low of GBX 291.70 and a 12-month high of GBX 524.50. The company’s 50-day moving average price is GBX 480.10 and its 200 day moving average price is GBX 428.18.
The firm also recently disclosed a dividend, which was paid on Monday, July 3rd. Investors of record on Thursday, June 1st were given a GBX 3.20 ($0.04) dividend. This represents a dividend yield of 0.68%. The ex-dividend date of this dividend was Thursday, June 1st. This is an increase from SSP Group PLC’s previous dividend of $2.90.
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).
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