SSP Group PLC (LON:SSPG) has earned an average recommendation of “Buy” from the eleven analysts that are currently covering the firm. Four analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month price objective among brokers that have covered the stock in the last year is GBX 345.10 ($4.27).
Several research analysts have issued reports on the stock. Numis Securities Ltd assumed coverage on shares of SSP Group PLC in a report on Monday. They set a “buy” rating and a GBX 390 ($4.83) target price on the stock. Barclays PLC restated an “equal weight” rating and issued a GBX 280 ($3.47) price target on shares of SSP Group PLC in a report on Wednesday, July 20th. JPMorgan Chase & Co. raised their price target on shares of SSP Group PLC from GBX 355 ($4.39) to GBX 357 ($4.42) and gave the company an “overweight” rating in a report on Wednesday, June 29th. Shore Capital restated a “buy” rating on shares of SSP Group PLC in a report on Tuesday, July 19th. Finally, Panmure Gordon raised their price target on shares of SSP Group PLC from GBX 350 ($4.33) to GBX 380 ($4.70) and gave the company a “buy” rating in a report on Thursday, September 15th.
SSP Group PLC (LON:SSPG) opened at 329.30 on Thursday. The stock’s market capitalization is GBX 1.56 billion. The stock’s 50 day moving average is GBX 323.34 and its 200 day moving average is GBX 309.06. SSP Group PLC has a 12-month low of GBX 260.40 and a 12-month high of GBX 339.50.
In related news, insider Swann,Kate acquired 38 shares of the firm’s stock in a transaction that occurred on Thursday, August 11th. The stock was purchased at an average cost of £124.92 ($154.60) per share, with a total value of £4,746.96 ($5,874.95).
SSP Group PLC Company Profile
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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