SSP Group (LON:SSPG) Rating Reiterated by Barclays

SSP Group (LON:SSPGGet Free Report)‘s stock had its “overweight” rating reiterated by Barclays in a research note issued to investors on Wednesday, Marketbeat Ratings reports. They currently have a GBX 290 ($3.69) price objective on the stock. Barclays‘s price objective suggests a potential upside of 29.58% from the company’s current price.

Other analysts have also recently issued research reports about the stock. Shore Capital reissued a “house stock” rating on shares of SSP Group in a research note on Thursday, December 14th. Berenberg Bank lowered their price target on shares of SSP Group from GBX 320 ($4.07) to GBX 290 ($3.69) and set a “buy” rating on the stock in a research report on Thursday, October 5th. Five analysts have rated the stock with a buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of GBX 312 ($3.97).

Check Out Our Latest Analysis on SSPG

SSP Group Stock Up 0.1 %

SSPG stock opened at GBX 223.80 ($2.85) on Wednesday. The stock has a market capitalization of £1.79 billion, a P/E ratio of 22,380.00, a P/E/G ratio of -0.77 and a beta of 1.76. The firm has a 50-day simple moving average of GBX 225.17 and a 200-day simple moving average of GBX 221.19. The company has a quick ratio of 0.66, a current ratio of 0.48 and a debt-to-equity ratio of 535.27. SSP Group has a 52 week low of GBX 175.70 ($2.23) and a 52 week high of GBX 283.20 ($3.60).

Insider Transactions at SSP Group

In other news, insider Jonathan Davies sold 150 shares of the company’s stock in a transaction that occurred on Tuesday, December 19th. The shares were sold at an average price of GBX 236 ($3.00), for a total value of £354 ($450.04). In the last three months, insiders have purchased 175 shares of company stock worth $37,443. 0.46% of the stock is currently owned by insiders.

SSP Group Company Profile

(Get Free Report)

SSP Group plc operates food and beverage outlets in North America, Europe, the United Kingdom, Ireland, the Asia Pacific, Eastern Europe, the Middle East, and internationally. The company operates outlets at airports, railway stations, motorway service areas, hospitals, and shopping centers. It also operates sandwich shops, cafes, bars, and restaurants.

Further Reading

Analyst Recommendations for SSP Group (LON:SSPG)

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