SSP Group (SSPG) Given Neutral Rating at UBS Group
UBS Group restated their neutral rating on shares of SSP Group (LON:SSPG) in a report released on Wednesday morning, ThisIsMoney.Co.Uk reports. UBS Group currently has a GBX 715 ($9.34) price objective on the stock, up from their prior price objective of GBX 685 ($8.95).
Other equities analysts have also recently issued reports about the stock. Liberum Capital reissued a buy rating on shares of SSP Group in a research note on Thursday, May 16th. Barclays reissued an overweight rating and issued a GBX 765 ($10.00) price objective on shares of SSP Group in a research note on Friday, May 10th. Finally, Jefferies Financial Group cut shares of SSP Group to a hold rating in a research note on Tuesday, April 9th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of Hold and an average price target of GBX 691.88 ($9.04).
Shares of LON:SSPG opened at GBX 685 ($8.95) on Wednesday. SSP Group has a 52 week low of GBX 611.80 ($7.99) and a 52 week high of GBX 751.07 ($9.81). The firm has a market capitalization of $3.03 billion and a price-to-earnings ratio of 26.35. The company has a debt-to-equity ratio of 130.95, a current ratio of 0.65 and a quick ratio of 0.59.
SSP Group Company Profile
SSP Group plc operates food and beverage outlets. The company operates outlets at airports, railway stations, motorway service areas, hospitals, and sports stadia and shopping areas. It operates approximately 450 brands through a portfolio of 2,500 outlets, including coffee shops, sandwich bars, bakeries, and casual and fine-dining restaurants, as well as convenience and retail outlets in travel locations in approximately 30 countries in the United Kingdom, Europe, North America, the Asia Pacific, and the Middle East.
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