SSP Group PLC (LON:SSPG) has received an average recommendation of “Hold” from the fourteen analysts that are currently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is GBX 581.15 ($8.03).
SSPG has been the topic of a number of research reports. HSBC boosted their price objective on SSP Group from GBX 540 ($7.46) to GBX 610 ($8.43) and gave the stock a “hold” rating in a research report on Friday, February 16th. Goldman Sachs Group lowered SSP Group to a “sell” rating and boosted their price objective for the stock from GBX 535 ($7.39) to GBX 575 ($7.94) in a research report on Wednesday, January 31st. Numis Securities restated an “add” rating and set a GBX 710 ($9.81) price objective on shares of SSP Group in a research report on Wednesday, January 24th. Shore Capital reiterated a “buy” rating on shares of SSP Group in a research report on Tuesday, January 23rd. Finally, Liberum Capital reiterated a “buy” rating and issued a GBX 675 ($9.33) price target on shares of SSP Group in a research report on Tuesday, January 23rd.
SSP Group (LON:SSPG) traded up GBX 8.50 ($0.12) during trading on Wednesday, hitting GBX 635 ($8.77). The stock had a trading volume of 798,211 shares, compared to its average volume of 1,130,000. SSP Group has a 12 month low of GBX 402.60 ($5.56) and a 12 month high of GBX 693 ($9.57). The firm has a market cap of $3,040.00 and a PE ratio of 3,342.11.
In other SSP Group news, insider Per Utnegaard acquired 7,100 shares of the company’s stock in a transaction dated Wednesday, December 20th. The shares were bought at an average cost of GBX 676 ($9.34) per share, with a total value of £47,996 ($66,311.14). Also, insider Jonathan Davies sold 118,998 shares of the business’s stock in a transaction dated Thursday, March 1st. The shares were sold at an average price of GBX 600 ($8.29), for a total value of £713,988 ($986,443.77).
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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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