SSP Group PLC 53.4% potential upside indicated by Berenberg Bank

SSP Group PLC with ticker (LON:SSPG) now has a potential upside of 53.4% according to Berenberg Bank.



Berenberg Bank set a target price of 290 GBX for the company, which when compared to the SSP Group PLC share price of 189 GBX at opening today (09/11/2023) indicates a potential upside of 53.4%. Trading has ranged between 176 (52 week low) and 283 (52 week high) with an average of 1,583,578 shares exchanging hands daily. The market capitalisation at the time of writing is £1,546,063,225.

SSP Group plc is a food and beverage provider in travel locations, principally within the air and rail channels. The Company operates outlets across five categories: cafes and bakeries; bars; casual dining restaurants; convenience retail, and quick service restaurants. It also serves motorway service areas, hospitals and shopping centers and provides onboard catering for airlines and tarin operators. It operates in 35 countries and territories, across four key operating regions. Its segments include North America, Continental Europe, UK and the Rest of the World (RoW). North America includes operations in the United States, Canada, and Bermuda; Continental Europe includes operations in the Nordic countries Western Europe and Southern Europe; the UK includes operations in the United Kingdom and the Republic of Ireland; and RoW includes operations in Eastern Europe, the Middle East, Asia Pacific, India, and Brazil. Its brands include Millie’s, point, Norge, and levito.