Liberum Capital reiterated their buy rating on shares of SSP Group (LON:SSPG) in a report released on Thursday morning, ThisIsMoney.Co.Uk reports.
Several other equities analysts also recently issued reports on the company. UBS Group reiterated a neutral rating on shares of SSP Group in a research report on Friday, May 10th. Barclays reiterated an overweight rating and issued a GBX 765 ($10.00) price objective on shares of SSP Group in a research report on Friday, May 10th. Jefferies Financial Group downgraded SSP Group to a hold rating in a research report on Tuesday, April 9th. JPMorgan Chase & Co. lifted their price objective on SSP Group from GBX 743 ($9.71) to GBX 775 ($10.13) and gave the company an overweight rating in a research report on Friday, January 18th. Finally, Goldman Sachs Group lifted their price objective on SSP Group from GBX 615 ($8.04) to GBX 620 ($8.10) and gave the company a sell rating in a research report on Friday, January 18th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company’s stock. SSP Group has an average rating of Hold and a consensus target price of GBX 688.13 ($8.99).
Shares of SSPG opened at GBX 697 ($9.11) on Thursday. The company has a quick ratio of 0.45, a current ratio of 0.63 and a debt-to-equity ratio of 107.09. SSP Group has a 52-week low of GBX 611.80 ($7.99) and a 52-week high of GBX 746.90 ($9.76). The firm has a market capitalization of $3.08 billion and a price-to-earnings ratio of 27.12.
The company also recently announced a dividend, which will be paid on Friday, June 28th. Stockholders of record on Thursday, June 6th will be given a dividend of GBX 5.80 ($0.08) per share. The ex-dividend date of this dividend is Thursday, June 6th. This represents a dividend yield of 0.83%. SSP Group’s payout ratio is currently 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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