SSP Group PLC (LON:SSPG) had its target price raised by Kepler Capital Markets from GBX 455 ($6.00) to GBX 470 ($6.20) in a report released on Thursday, July 13th. They currently have a hold rating on the stock.
A number of other brokerages also recently issued reports on SSPG. Morgan Stanley upped their price target on SSP Group PLC from GBX 360 ($4.75) to GBX 450 ($5.94) and gave the company an equal weight rating in a report on Friday, May 19th. Citigroup Inc. upped their price target on SSP Group PLC from GBX 450 ($5.94) to GBX 530 ($6.99) and gave the company a buy rating in a report on Friday, May 19th. Liberum Capital reaffirmed a buy rating and set a GBX 540 ($7.12) price target on shares of SSP Group PLC in a report on Wednesday, July 12th. J P Morgan Chase & Co lowered their price target on SSP Group PLC from GBX 400 ($5.28) to GBX 395 ($5.21) and set a neutral rating on the stock in a report on Thursday, May 11th. Finally, Numis Securities Ltd reaffirmed an add rating and set a GBX 510 ($6.73) price target on shares of SSP Group PLC in a report on Tuesday, May 23rd. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the company. The company has an average rating of Hold and an average target price of GBX 472.85 ($6.24).
Shares of SSP Group PLC (SSPG) traded up 0.87% on Thursday, reaching GBX 521.50. 556,134 shares of the company were exchanged. SSP Group PLC has a 12 month low of GBX 291.90 and a 12 month high of GBX 524.50. The company’s 50-day moving average price is GBX 490.04 and its 200 day moving average price is GBX 446.38. The company’s market cap is GBX 2.48 billion.
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SSP Group PLC 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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