TOday’s Movers: SSP Group Plc (LON:SSPG) Stock Rating Reiterated at Numis; GBX 760.00 Target Price Indicates 12.77 % Potential

July 27, 2018 - By Palma Niemeyer

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SSP Group Plc (LON:SSPG) Rating Reaffirmed

London: In a research note revealed to clients and investors on 27 July, Numis maintained their “Add” rating on SSP Group Plc (LON:SSPG) shares. They now have a GBX 760.00 TP on the company. Numis’s target would suggest a potential upside of 12.77 % from the company’s last stock price.

SSP Group plc (LON:SSPG) Ratings Coverage

Among 8 analysts covering SSP Group Plc (LON:SSPG), 5 have Buy rating, 1 Sell and 2 Hold. Therefore 63% are positive. SSP Group Plc has GBX 760 highest and GBX 575 lowest target. GBX 688’s average target is 1.46% above currents GBX 678.1 stock price. SSP Group Plc had 16 analyst reports since January 31, 2018 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, July 17 by Shore Capital. The stock of SSP Group plc (LON:SSPG) earned “Add” rating by Numis Securities on Monday, May 21. Numis Securities maintained it with “Add” rating and GBX 760 target in Friday, July 27 report. The rating was maintained by Deutsche Bank on Wednesday, July 18 with “Hold”. Liberum Capital maintained SSP Group plc (LON:SSPG) on Thursday, May 17 with “Buy” rating. The rating was maintained by Liberum Capital with “Buy” on Tuesday, July 17. The firm has “Overweight” rating by JP Morgan given on Friday, May 18. The rating was maintained by Shore Capital on Friday, July 13 with “Buy”. The rating was upgraded by Citigroup on Friday, May 18 to “Buy”. The rating was maintained by HSBC with “Hold” on Friday, February 16.

The stock increased 0.47% or GBX 3.2 during the last trading session, reaching GBX 678.1. About 115,121 shares traded. SSP Group plc (LON:SSPG) has 0.00% since July 27, 2017 and is . It has underperformed by 12.57% the S&P500.

SSP Group plc operates branded food and beverage travel outlets. The company has market cap of 3.12 billion GBP. It operates outlets at airports, railway stations, motorway service areas, hospitals, and sports stadia and shopping areas. It has a 35.32 P/E ratio. The firm operates approximately 400 brands through a portfolio of 2,000 outlets, including coffee shops, sandwich bars, bakeries, and casual and fine-dining restaurants, as well as convenience and retail outlets in 30 countries in the United Kingdom, Europe, North America, the Asia Pacific, and the Middle East.

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