Weekly Analysts’ Ratings Updates for SSP Group (SSPG)

Several brokerages have updated their recommendations and price targets on shares of SSP Group (LON: SSPG) in the last few weeks:

  • 12/4/2017 – SSP Group had its “neutral” rating reaffirmed by analysts at J P Morgan Chase & Co. They now have a GBX 520 ($7.00) price target on the stock.
  • 11/29/2017 – SSP Group had its “add” rating reaffirmed by analysts at Numis Securities Ltd. They now have a GBX 670 ($9.02) price target on the stock.
  • 11/23/2017 – SSP Group had its price target raised by analysts at Morgan Stanley from GBX 480 ($6.46) to GBX 530 ($7.13). They now have an “underweight” rating on the stock.
  • 11/23/2017 – SSP Group had its “overweight” rating reaffirmed by analysts at Barclays PLC. They now have a GBX 650 ($8.75) price target on the stock.
  • 11/22/2017 – SSP Group had its “add” rating reaffirmed by analysts at Numis Securities Ltd. They now have a GBX 670 ($9.02) price target on the stock.
  • 11/22/2017 – SSP Group had its “buy” rating reaffirmed by analysts at Shore Capital.
  • 11/17/2017 – SSP Group had its “buy” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 600 ($8.08) price target on the stock.
  • 11/8/2017 – SSP Group had its price target raised by analysts at J P Morgan Chase & Co from GBX 415 ($5.59) to GBX 450 ($6.06). They now have a “neutral” rating on the stock.
  • 11/6/2017 – SSP Group had its “overweight” rating reaffirmed by analysts at Barclays PLC. They now have a GBX 625 ($8.41) price target on the stock.
  • 10/23/2017 – SSP Group was upgraded by analysts at Barclays PLC to an “overweight” rating. They now have a GBX 625 ($8.41) price target on the stock, up previously from GBX 480 ($6.46).

Shares of SSP Group PLC (LON:SSPG) traded down GBX 0.50 ($0.01) during midday trading on Thursday, reaching GBX 665 ($8.95). The company’s stock had a trading volume of 1,117,463 shares, compared to its average volume of 1,010,000. SSP Group PLC has a 52 week low of GBX 371.40 ($5.00) and a 52 week high of GBX 672.45 ($9.05).

The company also recently announced a dividend, which will be paid on Thursday, March 29th. Shareholders of record on Thursday, March 15th will be given a GBX 4.90 ($0.07) dividend. This is a positive change from SSP Group’s previous dividend of $3.20. The ex-dividend date of this dividend is Thursday, March 15th. This represents a yield of 0.76%.

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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