Deutsche Bank Aktiengesellschaft Reiterates Buy Rating for SSP Group (LON:SSPG)

SSP Group (LON:SSPGGet Free Report)‘s stock had its “buy” rating reiterated by stock analysts at Deutsche Bank Aktiengesellschaft in a report released on Thursday, MarketBeat reports. They presently have a GBX 285 ($3.89) price objective on the stock. Deutsche Bank Aktiengesellschaft’s price objective indicates a potential upside of 51.52% from the stock’s current price.

Separately, Shore Capital reiterated a “house stock” rating on shares of SSP Group in a research note on Wednesday.

Get Our Latest Research Report on SSP Group

SSP Group Stock Performance

Shares of SSPG opened at GBX 188.10 ($2.57) on Thursday. The company’s fifty day moving average is GBX 165.50 and its 200-day moving average is GBX 164.77. SSP Group has a 12 month low of GBX 134.10 ($1.83) and a 12 month high of GBX 196.30 ($2.68). The firm has a market cap of £1.50 billion, a price-to-earnings ratio of 197.14, a price-to-earnings-growth ratio of -0.77 and a beta of 1.88. The company has a quick ratio of 0.66, a current ratio of 0.44 and a debt-to-equity ratio of 852.29.

SSP Group (LON:SSPGGet Free Report) last announced its quarterly earnings results on Wednesday, May 21st. The company reported GBX (2) (($0.03)) EPS for the quarter. SSP Group had a return on equity of 3.64% and a net margin of 0.24%. Equities analysts expect that SSP Group will post 13.1004016 EPS for the current fiscal year.

Insider Transactions at SSP Group

In related news, insider Patrick Coveney sold 217,595 shares of the firm’s stock in a transaction on Friday, April 11th. The shares were sold at an average price of GBX 139 ($1.90), for a total value of £302,457.05 ($412,797.94). Insiders own 0.66% of the company’s stock.

SSP Group Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for SSP Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SSP Group and related companies with MarketBeat.com's FREE daily email newsletter.