SSP Group’s (SSPG) Buy Rating Reaffirmed at Liberum Capital
SSP Group (LON:SSPG)‘s stock had its “buy” rating reissued by equities research analysts at Liberum Capital in a research report issued on Wednesday. They currently have a GBX 675 ($9.15) price target on the stock. Liberum Capital’s price objective would suggest a potential upside of 3.21% from the company’s current price.
Several other analysts have also recently issued reports on SSPG. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 415 ($5.63) target price on shares of SSP Group in a research note on Friday, September 29th. Panmure Gordon reiterated a “hold” rating and issued a GBX 500 ($6.78) target price on shares of SSP Group in a research note on Thursday, October 5th. Numis Securities reiterated an “add” rating and issued a GBX 560 ($7.59) target price on shares of SSP Group in a research note on Friday, September 29th. Citigroup reiterated a “neutral” rating and issued a GBX 685 ($9.29) target price on shares of SSP Group in a research note on Thursday, December 21st. Finally, Shore Capital reiterated a “buy” rating on shares of SSP Group in a research note on Thursday, September 28th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the stock. SSP Group presently has a consensus rating of “Hold” and a consensus price target of GBX 542.46 ($7.36).
SSP Group (LON SSPG) opened at GBX 654 ($8.87) on Wednesday. The company has a market cap of $3,110.00 and a P/E ratio of 3,442.11. SSP Group has a fifty-two week low of GBX 381.72 ($5.18) and a fifty-two week high of GBX 693 ($9.40).
In related news, insider Per Utnegaard acquired 7,100 shares of the stock in a transaction dated Wednesday, December 20th. The shares were purchased at an average price of GBX 676 ($9.17) per share, for a total transaction of £47,996 ($65,088.15). In the last 90 days, insiders have bought 7,140 shares of company stock worth $4,824,485.
SSP Group Company Profile
SSP Group plc is an operator of food and beverage concessions in travel locations, operating restaurants, bars, cafes, food courts, lounges and stores in airports, train stations, motorway service stations and other locations. The Company’s segments are the UK, Continental Europe, North America and the Rest of the World (RoW).
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