SSP Group plc (OTCMKTS:SSPPF) Receives Average Recommendation of “Hold” from Brokerages

Shares of SSP Group plc (OTCMKTS:SSPPFGet Rating) have earned a consensus rating of “Hold” from the fourteen brokerages that are covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and eight have issued a buy recommendation on the company. The average 12 month price target among brokerages that have covered the stock in the last year is $291.67.

Several research analysts have weighed in on the stock. JPMorgan Chase & Co. assumed coverage on shares of SSP Group in a research note on Thursday, March 3rd. They issued an “overweight” rating on the stock. Exane BNP Paribas lowered shares of SSP Group from an “outperform” rating to a “neutral” rating in a research note on Friday, March 18th. Deutsche Bank Aktiengesellschaft lowered shares of SSP Group from a “buy” rating to a “hold” rating and set a $265.00 price target on the stock. in a research note on Tuesday, April 19th. Zacks Investment Research lowered shares of SSP Group from a “hold” rating to a “sell” rating in a research note on Saturday, April 30th. Finally, BNP Paribas lowered shares of SSP Group to a “hold” rating and set a $260.00 price target on the stock. in a research note on Friday, March 18th.

SSP Group stock remained flat at $$2.82 during trading hours on Friday. The company has a current ratio of 0.80, a quick ratio of 0.78 and a debt-to-equity ratio of 5.31. The business’s fifty day simple moving average is $3.04 and its 200 day simple moving average is $3.11. SSP Group has a one year low of $2.80 and a one year high of $5.50.

About SSP Group (Get Rating)

SSP Group plc operates food and beverage outlets. The company operates outlets at airports, railway stations, motorway service areas, hospitals, and shopping centers. It operates approximately 550 brands in 36 countries in the United Kingdom, Europe, North America, and internationally. SSP Group plc was incorporated in 2006 and is headquartered in London, the United Kingdom.

Further Reading

Analyst Recommendations for SSP Group (OTCMKTS:SSPPF)

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