SSP Group (SSPG) Rating Reiterated by Barclays

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Barclays restated their overweight rating on shares of SSP Group (LON:SSPG) in a report published on Thursday, ThisIsMoney.Co.Uk reports.

SSPG has been the subject of several other reports. Goldman Sachs Group increased their price objective on SSP Group from GBX 615 ($8.04) to GBX 620 ($8.10) and gave the stock a sell rating in a research note on Friday, January 18th. Jefferies Financial Group downgraded SSP Group to a hold rating in a research note on Tuesday, April 9th. JPMorgan Chase & Co. increased their price objective on SSP Group from GBX 743 ($9.71) to GBX 775 ($10.13) and gave the stock an overweight rating in a research note on Friday, January 18th. Liberum Capital reissued a buy rating on shares of SSP Group in a research note on Thursday, January 17th. Finally, Shore Capital reissued a buy rating on shares of SSP Group in a research note on Thursday, January 17th. Three analysts have rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company. SSP Group currently has a consensus rating of Hold and a consensus price target of GBX 688.13 ($8.99).

SSPG stock opened at GBX 694 ($9.07) on Thursday. SSP Group has a fifty-two week low of GBX 611.80 ($7.99) and a fifty-two week high of GBX 746.90 ($9.76). The company has a debt-to-equity ratio of 107.09, a quick ratio of 0.45 and a current ratio of 0.63. The company has a market cap of $3.08 billion and a P/E ratio of 27.00.

The business also recently disclosed a dividend, which will be paid on Friday, June 28th. Stockholders of record on Thursday, June 6th will be paid a GBX 5.80 ($0.08) dividend. This represents a dividend yield of 0.83%. The ex-dividend date of this dividend is Thursday, June 6th. SSP Group’s dividend payout ratio (DPR) is presently 0.43%.

SSP Group Company Profile

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.

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Analyst Recommendations for SSP Group (LON:SSPG)

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