SSP Group (LON:SSPG) Receives “House Stock” Rating from Shore Capital

Shore Capital reiterated their house stock rating on shares of SSP Group (LON:SSPG) in a report issued on Friday morning, MarketBeat.com reports.

Separately, Berenberg Bank reaffirmed a “hold” rating and set a GBX 180 ($2.32) price target on shares of SSP Group in a report on Wednesday, October 16th. One investment analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 268.75 ($3.46).

SSP Group Price Performance

LON:SSPG opened at GBX 161.60 ($2.08) on Friday. SSP Group has a 52 week low of GBX 142.20 ($1.83) and a 52 week high of GBX 243.20 ($3.13). The firm has a market cap of £1.29 billion, a price-to-earnings ratio of 16,170.00, a P/E/G ratio of -0.77 and a beta of 1.88. The firm’s 50-day simple moving average is GBX 163.15 and its 200 day simple moving average is GBX 170.18. The company has a debt-to-equity ratio of 595.27, a quick ratio of 0.66 and a current ratio of 0.35.

Insider Activity

In related news, insider Apurvi Sheth bought 4,500 shares of the stock in a transaction that occurred on Monday, October 21st. The shares were acquired at an average cost of GBX 167 ($2.15) per share, with a total value of £7,515 ($9,670.57). In related news, insider Jonathan Davies sold 33,392 shares of SSP Group stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of GBX 159 ($2.05), for a total value of £53,093.28 ($68,322.33). Also, insider Apurvi Sheth purchased 4,500 shares of the business’s stock in a transaction that occurred on Monday, October 21st. The stock was bought at an average price of GBX 167 ($2.15) per share, for a total transaction of £7,515 ($9,670.57). Over the last ninety days, insiders bought 4,657 shares of company stock worth $776,540. 0.66% of the stock is 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.