Ratings Change: Ssp Group (LON:SSPG) Overweight Rating Maintained by Analysts at JP Morgan Cazenove; With GBX 390.00 Target

November 30, 2016 - By Winifred Garcia

Ssp Group (LON:SSPG) Rating

JP Morgan Cazenove currently has a GBX 390.00 price target on the 1.76 billion GBP market cap company or 5.61% upside potential. In an analyst report released on Wednesday, 30 November, Ssp Group (LON:SSPG) stock had its Overweight Rating kept by professional analysts at JP Morgan Cazenove.

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 430 is the highest target while GBX 280 is the lowest. The GBX 350.56 average target is -5.56% below today’s (GBX 371.2) stock price. SSP Group Plc has been the topic of 56 analyst reports since July 24, 2015 according to StockzIntelligence Inc. Barclays Capital maintained SSP Group PLC (LON:SSPG) rating on Wednesday, July 20. Barclays Capital has “Equal Weight” rating and GBX 280 price target. The stock of SSP Group PLC (LON:SSPG) earned “Buy” rating by Panmure Gordon on Thursday, September 15. The firm has “Equal Weight” rating given on Friday, January 22 by Barclays Capital. The stock of SSP Group PLC (LON:SSPG) has “Hold” rating given on Thursday, November 26 by Canaccord Genuity. As per Tuesday, March 22, the company rating was maintained by JP Morgan. The firm has “Add” rating by Numis Securities given on Thursday, January 28. Barclays Capital downgraded SSP Group PLC (LON:SSPG) rating on Tuesday, December 1. Barclays Capital has “Equal Weight” rating and GBX 300 price target. Numis Securities maintained the stock with “Add” rating in Tuesday, October 20 report. The stock has “Buy” rating given by Citigroup on Thursday, May 19. The firm has “Overweight” rating by JP Morgan given on Monday, August 1.

About 3.85M shares traded hands or 545.86% up from the average. SSP Group PLC (LON:SSPG) has risen 30.08% since May 3, 2016 and is uptrending. It has outperformed by 24.86% 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 1.76 billion GBP. The Firm operates through four divisions: the UK, Continental Europe, North America and Rest of the World . It has a 29.8 P/E ratio. The UK segment includes activities in the United Kingdom and the Republic of Ireland.

More news for SSP Group PLC (LON:SSPG) were recently published by: Uk.Finance.Yahoo.com, which released: “SSP Group plc (SSPG.L)” on July 11, 2014. Fool.Co.Uk‘s article titled: “Is SSP Group PLC A Better Buy Than Tesco PLC And WH Smith Plc?” and published on August 07, 2015 is yet another important article.

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