SSP Group PLC (LON:SSPG) Receives New Coverage from Analysts at Goldman Sachs Group, Inc. (The)
Goldman Sachs Group, Inc. (The) started coverage on shares of SSP Group PLC (LON:SSPG) in a research report released on Friday, Marketbeat Ratings reports. The firm issued a neutral rating and a GBX 512 ($6.69) price objective on the stock.
Several other equities research analysts also recently commented on SSPG. Shore Capital reiterated a buy rating on shares of SSP Group PLC in a research report on Wednesday, July 12th. Liberum Capital reiterated a buy rating and set a GBX 540 ($7.05) target price on shares of SSP Group PLC in a research report on Wednesday, July 12th. Barclays PLC reiterated an equal weight rating and set a GBX 480 ($6.27) target price on shares of SSP Group PLC in a research report on Monday, July 17th. Numis Securities Ltd reiterated an add rating and set a GBX 510 ($6.66) target price on shares of SSP Group PLC in a research report on Wednesday, July 12th. Finally, Kepler Capital Markets boosted their price target on shares of SSP Group PLC from GBX 455 ($5.94) to GBX 470 ($6.14) and gave the stock a hold rating in a research report on Thursday, July 13th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the stock. SSP Group PLC presently has a consensus rating of Hold and a consensus target price of GBX 472.85 ($6.17).
Shares of SSP Group PLC (SSPG) traded down 0.06% during trading on Friday, reaching GBX 494.20. 826,663 shares of the company traded hands. The firm’s market capitalization is GBX 2.35 billion. The company has a 50 day moving average price of GBX 484.79 and a 200 day moving average price of GBX 439.21. SSP Group PLC has a 12-month low of GBX 302.90 and a 12-month high of GBX 524.50.
The business also recently announced a dividend, which was paid on Monday, July 3rd. Investors of record on Thursday, June 1st were given a dividend of GBX 3.20 ($0.04) per share. This represents a dividend yield of 0.68%. The ex-dividend date was Thursday, June 1st. This is an increase from SSP Group PLC’s previous dividend of $2.90.
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).
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