SSP Group (LON:SSPG – Get Free Report)’s stock had its “house stock” rating reiterated by equities research analysts at Shore Capital in a note issued to investors on Wednesday, Digital Look reports.
SSPG has been the subject of several other reports. JPMorgan Chase & Co. cut their price target on shares of SSP Group from GBX 320 ($4.07) to GBX 300 ($3.81) and set an “overweight” rating for the company in a report on Tuesday, May 28th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 305 ($3.88) target price on shares of SSP Group in a research report on Monday, June 10th. Four equities research analysts have rated the stock with a buy rating, According to MarketBeat, SSP Group presently has an average rating of “Buy” and a consensus target price of GBX 296.25 ($3.76).
SSP Group Stock Down 2.2 %
SSP Group stock opened at GBX 161.40 ($2.05) on Wednesday. The firm has a market capitalization of £1.29 billion, a price-to-earnings ratio of 16,140.00, a P/E/G ratio of -0.77 and a beta of 1.80. The firm has a 50 day simple moving average of GBX 188.25 and a 200 day simple moving average of GBX 211.47. SSP Group has a 1-year low of GBX 156.40 ($1.99) and a 1-year high of GBX 267 ($3.39). The company has a current ratio of 0.35, a quick ratio of 0.66 and a debt-to-equity ratio of 595.27.
Insider Buying and Selling at SSP Group
In other SSP Group news, insider Patrick Coveney purchased 40,000 shares of the stock in a transaction on Wednesday, May 22nd. The stock was acquired at an average price of GBX 185 ($2.35) per share, with a total value of £74,000 ($94,027.95). Over the last quarter, insiders have bought 40,133 shares of company stock worth $7,424,928. 0.63% of the stock is currently owned by company insiders.
About SSP Group
SSP Group plc operates food and beverage outlets in North America, Europe, the United Kingdom, Ireland, the Asia Pacific, Eastern Europe, the Middle East, and internationally. The company operates outlets at airports, railway stations, motorway service areas, hospitals, and shopping centers. It also operates sandwich shops, cafes, bars, and restaurants.