SSP Group PLC 4.7% Potential Decrease Indicated by Goldman Sachs

Broker Ratings
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SSP Group PLC with EPIC/TICKER (LON:SSPG) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SELL’ today by analysts at Goldman Sachs. SSP Group PLC are listed in the Consumer Services sector within UK Main Market. Goldman Sachs have set their target price at 630 GBX on its stock. This indicates the analyst believes there is a potential downside of -4.7% from today’s opening price of 661 GBX. Over the last 30 and 90 trading days the company share price has decreased 18 points and increased 16 points respectively. The 1 year high share price is 731.9 GBX while the year low stock price is currently 602 GBX.

SSP Group PLC has a 50 day moving average of 667.95 GBX and the 200 Day Moving Average price is recorded at 676.20. There are currently 447,356,585 shares in issue with the average daily volume traded being 957,882. Market capitalisation for LON:SSPG is £2,930,185,631 GBP.

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    SSP Group plc (LON:SSPG) reveals strong financial performance in H1 2024 with revenue up by 19% on a constant currency basis. Key highlights include growth in all regions and significant new contract wins.

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