SSP Group (LON:SSPG) Raised to “Buy” at Kepler Capital Markets

Kepler Capital Markets upgraded shares of SSP Group (LON:SSPG) to a buy rating in a report published on Monday, Stock Target Advisor reports. They currently have GBX 400 ($5.26) price target on the stock, down from their previous price target of GBX 650 ($8.55).

SSPG has been the topic of a number of other research reports. Barclays cut their price target on shares of SSP Group from GBX 735 ($9.67) to GBX 670 ($8.81) and set an overweight rating on the stock in a report on Thursday, February 27th. Citigroup reiterated a buy rating and set a GBX 740 ($9.73) price target (up previously from GBX 720 ($9.47)) on shares of SSP Group in a report on Friday, January 31st. Goldman Sachs Group lifted their price target on shares of SSP Group from GBX 595 ($7.83) to GBX 630 ($8.29) and gave the stock a sell rating in a report on Monday, February 10th. Shore Capital reiterated a buy rating on shares of SSP Group in a report on Wednesday, February 26th. Finally, Morgan Stanley upgraded shares of SSP Group to an overweight rating in a report on Wednesday, December 11th. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock has a consensus rating of Buy and an average target price of GBX 629.44 ($8.28).

Shares of LON:SSPG opened at GBX 289 ($3.80) on Monday. The firm has a market cap of $1.32 billion and a PE ratio of 10.43. The firm’s fifty day moving average is GBX 494.27 and its 200-day moving average is GBX 614.55. The company has a debt-to-equity ratio of 173.56, a quick ratio of 0.51 and a current ratio of 0.67. SSP Group has a 52 week low of GBX 136.80 ($1.80) and a 52 week high of GBX 751.07 ($9.88).

About SSP Group

SSP Group plc operates food and beverage outlets. The company operates outlets at airports, railway stations, motorway service areas, hospitals, and sports stadia and shopping areas. It operates approximately 450 brands through a portfolio of 2,500 outlets, including coffee shops, sandwich bars, bakeries, and casual and fine-dining restaurants, as well as convenience and retail outlets in travel locations in approximately 30 countries in the United Kingdom, Europe, North America, the Asia Pacific, and the Middle East.

Read More: Understanding Price to Earnings Ratio (PE)

Analyst Recommendations for SSP Group (LON:SSPG)

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