SSP Group (LON:SSPG) Earns “House Stock” Rating from Shore Capital Group

SSP Group (LON:SSPG)‘s stock had its “house stock” rating reiterated by research analysts at Shore Capital Group in a note issued to investors on Monday,London Stock Exchange reports.

Other equities analysts also recently issued reports about the stock. Berenberg Bank restated a “buy” rating and issued a GBX 230 price target on shares of SSP Group in a research note on Monday, January 19th. Citigroup decreased their price target 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. Finally, UBS Group restated a “neutral” rating and issued a GBX 180 price target on shares of SSP Group in a research note on Friday, January 16th. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 244.50.

SSP Group Trading Down 0.4%

SSPG stock opened at GBX 160.50 on Monday. The company has a debt-to-equity ratio of 2,629.60, a quick ratio of 0.66 and a current ratio of 0.44. The company’s 50-day simple moving average is GBX 181.75 and its 200 day simple moving average is GBX 179.31. SSP Group has a 52 week low of GBX 137.30 and a 52 week high of GBX 212.20. The company has a market capitalization of £1.24 billion, a PE ratio of -17.26, a price-to-earnings-growth ratio of -0.77 and a beta of 0.90.

SSP Group Company Profile

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).