A number of other research analysts also recently issued reports on the company. Numis Securities Ltd reiterated an add rating and set a GBX 450 ($5.88) price objective on shares of SSP Group PLC in a report on Wednesday, April 12th. Panmure Gordon downgraded SSP Group PLC to a hold rating and set a GBX 400 ($5.22) price objective for the company. in a report on Friday, April 21st. Deutsche Bank AG started coverage on SSP Group PLC in a report on Wednesday, April 26th. They set a hold rating and a GBX 440 ($5.75) price objective for the company. Kepler Capital Markets increased their price objective on SSP Group PLC from GBX 404 ($5.28) to GBX 440 ($5.75) and gave the stock a hold rating in a report on Tuesday, May 9th. Finally, J P Morgan Chase & Co decreased their price objective on SSP Group PLC from GBX 400 ($5.22) to GBX 395 ($5.16) and set a neutral rating for the company in a report on Thursday, May 11th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company’s stock. SSP Group PLC has a consensus rating of Hold and a consensus target price of GBX 463.38 ($6.05).
Shares of SSP Group PLC (SSPG) opened at 486.90 on Wednesday. The company has a 50 day moving average price of GBX 480.10 and a 200 day moving average price of GBX 428.18. SSP Group PLC has a 52 week low of GBX 291.70 and a 52 week high of GBX 524.50. The company’s market cap is GBX 2.31 billion.
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The business also recently declared a dividend, which was paid on Monday, July 3rd. Shareholders of record on Thursday, June 1st were paid a GBX 3.20 ($0.04) dividend. This represents a yield of 0.68%. This is an increase from SSP Group PLC’s previous dividend of $2.90. The ex-dividend date was Thursday, June 1st.
About SSP Group PLC
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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