Analysts at Numis Securities Ltd assumed coverage on shares of SSP Group PLC (LON:SSPG) in a report released on Monday. The firm set a “buy” rating and a GBX 390 ($5.09) price target on the stock. Numis Securities Ltd’s price target would suggest a potential upside of 23.26% from the company’s previous close.
Other analysts have also issued research reports about the stock. Barclays PLC reissued an “equal weight” rating and issued a GBX 280 ($3.65) price target on shares of SSP Group PLC in a research report on Wednesday, July 20th. JPMorgan Chase & Co. boosted their price target on shares of SSP Group PLC from GBX 355 ($4.63) to GBX 357 ($4.66) and gave the company an “overweight” rating in a research report on Wednesday, June 29th. Shore Capital reaffirmed a “buy” rating on shares of SSP Group PLC in a research note on Tuesday, July 19th. Finally, Panmure Gordon boosted their price objective on shares of SSP Group PLC from GBX 350 ($4.57) to GBX 380 ($4.96) and gave the company a “buy” rating in a research note on Thursday, September 15th. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of GBX 345.10 ($4.50).
SSP Group PLC (LON:SSPG) opened at 321.10 on Monday. The stock’s 50 day moving average is GBX 323.53 and its 200 day moving average is GBX 308.41. The company’s market cap is GBX 1.53 billion. SSP Group PLC has a 1-year low of GBX 260.40 and a 1-year high of GBX 339.50.
In related news, insider Swann,Kate purchased 38 shares of the business’s stock in a transaction on Thursday, August 11th. The stock was acquired at an average price of £124.92 ($163.06) per share, with a total value of £4,746.96 ($6,196.27).
About SSP Group PLC
SSP Group plc is a United Kingdom-based operator of food and beverage outlets. The Company operates a range of outlets from quick service to fine dining. The Company provides a range of food and beverage products to a variety of customers in the travel environment. Its clients include owners and operators of airports and railway stations.
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