November 29, 2016 - By Michael Collier
numis currently has a GBX 430.00 PT on the 1.74B GBP market cap company or 15.90% upside potential. In analysts report revealed to investors and clients on Tuesday morning, Ssp Group (LON:SSPG) stock had its “Buy” Rating maintained by professional analysts at numis.
Out of 10 analysts covering SSP Group Plc (LON:SSPG), 5 rate it a “Buy”, 1 “Sell”, while 4 “Hold”. This means 50% are positive. GBX 390 is the highest target while GBX 280 is the lowest. The GBX 345.56 average target is -5.39% below today’s (GBX 365.26) stock price. SSP Group Plc has been the topic of 52 analyst reports since July 24, 2015 according to StockzIntelligence Inc. Citigroup maintained SSP Group PLC (LON:SSPG) rating on Friday, November 27. Citigroup has “Buy” rating and GBX 350 price target. The rating was maintained by Shore Capital with “Buy” on Thursday, November 26. Barclays Capital maintained SSP Group PLC (LON:SSPG) on Tuesday, November 3 with “Overweight” rating. The rating was maintained by JP Morgan with “Overweight” on Wednesday, June 29. The firm has “Buy” rating given on Thursday, May 19 by Citigroup. JP Morgan maintained the stock with “Overweight” rating in Wednesday, September 14 report. Citigroup maintained the stock with “Buy” rating in Monday, July 27 report. The company was maintained on Friday, September 4 by Citigroup. Morgan Stanley upgraded the shares of SSPG in a report on Thursday, May 19 to “Equal Weight” rating. JP Morgan maintained the shares of SSPG in a report on Friday, November 20 with “Overweight” rating.
The stock increased 6.86% or GBX 23.46 on November 29, hitting GBX 365.26. About 3.21M shares traded hands or 434.73% up from the average. SSP Group PLC (LON:SSPG) has risen 18.80% since April 29, 2016 and is uptrending. It has outperformed by 13.54% the S&P500.
SSP Group plc operates food and beverage concessions in travel locations, operating restaurants, bars, cafes, food courts, lounges and convenience stores in airports, train stations, motorway service stations and other leisure locations. The company has a market cap of 1.74 billion GBP. The Firm operates through four divisions: the UK, Continental Europe, North America and Rest of the World . It has a 29.33 P/E ratio. The UK segment includes activities in the United Kingdom and the Republic of Ireland.
Another recent and important SSP Group PLC (LON:SSPG) news was published by Uk.Finance.Yahoo.com which published an article titled: “SSP Group plc (SSPG.L)” on July 11, 2014.
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