SSP Group (SSPG)

Sector:

Food Pharmacy Retail

Index:

FTSE 250

162.70p
   
  • Change Today:
    -1.30p
  • 52 Week High: 281.20
  • 52 Week Low: 158.80
  • Currency: UK Pounds
  • Shares Issued: 798.07m
  • Volume: 2,826,654
  • Market Cap: £1,298.46m

RBC Capital initiates coverage of SSP at 'outperform'

By Michele Maatouk

Date: Wednesday 01 Feb 2023

LONDON (ShareCast) - (Sharecast News) - RBC Capital Markets initiated coverage of SSP on Wednesday at 'outperform' with a 300p price target.
"We view SSP as a leader in the global Food & Beverage (F&B) concessions market, with a strong space expansion story, particularly in the Americas and APAC," it said.

"Our survey work indicates tailwinds coming through in the travel retail space, and we expect operational leverage to come given a better use of data and digital."

RBC said the stock's valuation remains undemanding compared with pre-pandemic and a global peer group.

SSP operates food and beverage outlets in travel locations worldwide. Its brands include Upper Crust and Ritazza.

At 1305 GMT, the shares were up 2.7% at 266.10p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

SSP Group Market Data

Currency UK Pounds
Share Price 162.70p
Change Today -1.30p
% Change -0.79 %
52 Week High 281.20
52 Week Low 158.80
Volume 2,826,654
Shares Issued 798.07m
Market Cap £1,298.46m

SSP Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
44.34% below the market average44.34% below the market average44.34% below the market average44.34% below the market average44.34% below the market average
38.46% below the sector average38.46% below the sector average38.46% below the sector average38.46% below the sector average38.46% below the sector average
Price Trend
68.31% below the market average68.31% below the market average68.31% below the market average68.31% below the market average68.31% below the market average
69.23% below the sector average69.23% below the sector average69.23% below the sector average69.23% below the sector average69.23% below the sector average
Income
45.91% below the market average45.91% below the market average45.91% below the market average45.91% below the market average45.91% below the market average
11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average
Growth
88.56% above the market average88.56% above the market average88.56% above the market average88.56% above the market average88.56% above the market average
84.62% above the sector average84.62% above the sector average84.62% above the sector average84.62% above the sector average84.62% above the sector average

What The Brokers Say

Strong Buy 6
Buy 6
Neutral 3
Sell 0
Strong Sell 0
Total 15
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

SSP Group Dividends

  Latest Previous
  Interim Final
Ex-Div 30-May-24 01-Feb-24
Paid 28-Jun-24 29-Feb-24
Amount 1.20p 2.50p

Trades for 11-Jun-2024

Time Volume / Share Price
17:19 1,920 @ 162.70p
16:35 8,666 @ 162.70p
16:35 1,015,953 @ 162.70p
16:35 3,529 @ 162.70p
16:35 3,358 @ 162.70p

SSP Group Key Personnel

Chair Mike Clasper
CEO Patrick Coveney

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