SP Plus Corporation – Consensus Indicates Potential 46.2% Upside

Broker Ratings

SP Plus Corporation with ticker code (SP) have now 3 analysts covering the stock with the consensus suggesting a rating of ‘None’. The target price ranges between 51 and 40 calculating the mean target price we have 45. With the stocks previous close at 30.79 this indicates there is a potential upside of 46.2%. The 50 day MA is 31.06 and the 200 day moving average is 31.69. The company has a market capitalisation of $721m. Visit the company website at: http://www.spplus.com

SP Plus Corporation provides parking management, ground transportation, baggage, and other ancillary services in North America. The company operates through Commercial, Aviation, and Other segments. It provides on-site parking management, event logistics, baggage handling, remote airline check-in, security, and municipal meter revenue collection and enforcement services. The company also offers shuttle bus vehicles and drivers; ground transportation services; delivery of delayed luggage and baggage handling services; wheelchair assist services; baggage repair and replacement services; on-street parking meter collection and other forms of parking enforcement services; and valet 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 an online and mobile app consumer platform through parking.com website. Further, the company provides multi-platform marketing services, including SP+ branded websites that offer clients a platform for marketing their facilities, mobile apps, search marketing, email marketing, and social media campaigns. The company offers its services primarily under the SP+, Sphere, and Bags brands. It serves private and public owners, municipalities and governments, managers and developers of office buildings, residential properties, commercial properties, shopping centers and other retail properties, sports and special event complexes, hotels and resorts, healthcare facilities and medical centers, 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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