Peel Hunt Reaffirms Their Buy Rating on SSP Group plc (SSPG)

In a report released today, from Peel Hunt reiterated a Buy rating on SSP Group plc, with a price target of p275.00. The company’s shares closed today at p159.20.

Elevate Your Investing Strategy:

• Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

SSP Group plc has an analyst consensus of Moderate Buy, with a price target consensus of p218.50, representing a 37.25% upside. In a report released today, Barclays also maintained a Buy rating on the stock with a £2.25 price target.

Based on SSP Group plc’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of p1.66 billion and a GAAP net loss of p61.5 million. In comparison, last year the company earned a revenue of p1.52 billion and had a GAAP net loss of p10.5 million

Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SSPG in relation to earlier this year.