Ratings Don’t Lie: SSP Group Plc (LON:SSPG) Stock Buy Rating Reconfirmed at Numis; The Target Price is GBX 430.00

November 29, 2016 - By Vivian Park

SSP Group Plc (LON:SSPG) Rating

London: In a research report sent to investors and clients on Tuesday morning, Numis maintained their Buy rating on shares of SSP Group Plc (LON:SSPG). They currently have a GBX 430.00 TP on the firm. Numis’s target suggests a potential upside of 15.81% from the company’s last price.

SSP Group PLC (LON:SSPG) Ratings Coverage

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 -7.60% below today’s (GBX 374) stock price. SSP Group Plc has been the topic of 52 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The stock of SSP Group PLC (LON:SSPG) has “Hold” rating given on Tuesday, November 8 by Canaccord Genuity. The firm has “Buy” rating given on Thursday, November 26 by Shore Capital. JP Morgan maintained it with “Overweight” rating and GBX 345 target price in Friday, January 29 report. As per Thursday, November 26, the company rating was maintained by Canaccord Genuity. On Monday, July 27 the stock rating was maintained by Citigroup with “Buy”. The rating was maintained by Canaccord Genuity on Friday, October 9 with “Hold”. Numis Securities maintained SSP Group PLC (LON:SSPG) on Wednesday, November 18 with “Add” rating. The stock of SSP Group PLC (LON:SSPG) earned “Equal Weight” rating by Barclays Capital on Monday, February 1. The stock has “Buy” rating given by Citigroup on Thursday, May 19. The firm has “Hold” rating by Canaccord Genuity given on Friday, July 31.

About 1.81 million shares traded hands or 201.51% 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 1.78 billion GBP. The Firm operates through four divisions: the UK, Continental Europe, North America and Rest of the World . It has a 30.03 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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