SP Plus Corporation – Consensus Indicates Potential 18.0% Upside

Broker Ratings

SP Plus Corporation with ticker code (SP) have now 3 analysts in total covering the stock. The consensus rating is ‘None’. The target price ranges between 39 and 34 with the average target price sitting at 36.33. With the stocks previous close at 30.78 this indicates there is a potential upside of 18.0%. The day 50 moving average is 29.83 and the 200 moving average now moves to 23.2. The company has a market capitalisation of $750m. You can visit the company’s website by visiting: http://www.spplus.com

SP Plus Corporation provides parking management, ground transportation, baggage, and other ancillary services in North America. It provides on-site parking management, valet parking, ground transportation, facility maintenance, event logistics, baggage handling, remote airline check-in, security, municipal meter revenue collection and enforcement, and consulting services. The company also offers shuttle bus vehicles and the drivers; ground transportation services, such as taxi and livery dispatch, concierge-type ground transportation information, and support services for arriving passengers; remote airline check-in services; wheelchair assist services; baggage repair and replacement services; on-street parking meter collection and other forms of parking enforcement services; valet services; and remote parking management services. In addition, it provides facility maintenance services, including power sweeping and washing, painting and general repairs, and cleaning and seasonal services; security services comprising training and hiring of security officers and patrol, as well as customized services and technology; and multi-platform marketing services. The company offers its services primarily under the SP+ and Bags brands. SP Plus Corporation serves private and public owners, municipalities and governments, managers and developers of office buildings, residential properties, commercial properties, shopping centers and other retail properties, healthcare facilities and medical centers, sports and special event complexes, hotels and resorts, and airlines and cruise lines. The company was formerly known as Standard Parking Corporation and changed its name to SP Plus Corporation in December 2013. SP Plus Corporation was founded in 1929 and is based in Chicago, Illinois.

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