SSP Group Plc (LON:SSPG) Rating Reaffirmed
Recently, In an analyst note revealed to clients and investors on 27 November, SSP Group Plc (LON:SSPG) shares have had their Overweight Rating reiterated by research professionals at JP Morgan Cazenove, who currently has a GBX 340.00 Estimated Target Price on firm. This target by JP Morgan Cazenove means the possibile upside of 11.73% from the closing share price.
From a total of 7 analysts covering SSP Group Plc (LON:SSPG) stock, 6 rate it a ”Buy”, 0 a “Sell”, and 1 a ”Hold”. This means that 86% of the ratings are positive. The highest target price is GBX 350 while the lowest target price is GBX 300. The mean of all analyst targets is GBX 332 with a 9.10% above today’s (GBX 304.3) stock price. SSP Group Plc was the topic of 19 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. JP Morgan maintained shares on November 27 with “Overweight” rating. Barclays Capital maintained shares with “Overweight” rating and GBX 320 target share price in a report from a November 3. Numis Securities maintained SSPG stock in a recent report from November 26 with “Add” rating. Finally, Canaccord Genuity maintained the stock with “Hold” rating in a report issued on a November 26.
Approximately 11,781 shares of stock traded hands. SSP Group PLC (LON:SSPG) has risen 4.06% since April 30, 2015 and is uptrending. It has outperformed by 5.42% the S&P500.
SSP Group plc is a United Kingdom-based operator of food and beverage outlets. The company has a market cap of 1.45 billion GBP. The Firm operates a range of outlets from quick service to fine dining. It has 27.14 P/E ratio. The Firm provides a range of food and beverage products to a variety of clients in the travel environment.