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SSP Group PLC 13.1% Potential Decrease Indicated by Credit Suisse

SSP Group PLC using EPIC/TICKER code (LON:SSPG) has had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘UNDERPERFORM’ today by analysts at Credit Suisse. SSP Group PLC are listed in the Consumer Services sector within UK Main Market. Credit Suisse have set their target price at 600 GBX on its stock. This is indicating the analyst believes there is a potential downside of -13.1% from today’s opening price of 690.1 GBX. Over the last 30 and 90 trading days the company share price has increased 5.4 points and increased 31.5 points respectively. The 52 week high for the share price is currently at 703.8 GBX while the 52 week low for the stock is 485 GBX.

SSP Group PLC has a 50 day moving average of 677.23 GBX and the 200 Day Moving Average price is recorded at 665.37. There are currently 464,008,064 shares in issue with the average daily volume traded being 823,271. Market capitalisation for LON:SSPG is £3,173,270,271 GBP.