JP Morgan cuts SSP target price on slower recovery

24th May 2021 09:39

(Sharecast News) - JP Morgan cut its earnings estimates and price target for SSP but kept its 'overweight' rating on the owner of the Upper Crust baguette chain and other transport-led food outlets.

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Monday broker round-up

17th May 2021 14:38

(Sharecast News) - Diploma: Numis upgrades to add with a target price of 3,250p.

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Upper Crust owner SSP completes £475m rights issue

22nd Apr 2021 09:21

(Sharecast News) - SSP has allocated all the shares in its £475m rights issue to strengthen its finances during the extended Covid-19 crisis.

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Director dealings: SSP Group director ups stake

24th Mar 2021 16:01

(Sharecast News) - SSP Group said on Wednesday that non-executive director Judy Vezmar had acquired 16,050 ordinary shares in the FTSE 250-listed foodservice company.

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SSP seeks £475m in equity raising to boost balance sheet

17th Mar 2021 07:25

(Sharecast News) - Upper Crust owner SSP said it was looking to raise £475m via a rights issue as it anticipated slower recovery from the impact of the Covid-19 pandemic on the travel industry.

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Monday broker round-up

15th Mar 2021 14:06

(Sharecast News) - Moonpig Group: Citigroup initiates at buy with a target price of 550p.

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SSP says it's evaluating funding options, shares slump

11th Feb 2021 08:15

(Sharecast News) - SSP shares slumped on Thursday after the Upper Crust and Ritazza owner said it is considering debt and equity funding options.

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Wednesday broker round-up

3rd Feb 2021 13:05

(Sharecast News) - Unite Group: Barclays downgrades to underweight with a target price of 850p.

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Berenberg upgrades Upper Crust owner SSP, shares rally

3rd Feb 2021 09:15

(Sharecast News) - Berenberg has upgraded SSP Group to 'buy' on "compelling" longer-term growth opportunities, despite the near-term risks.

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Thursday broker round-up

17th Dec 2020 13:13

(Sharecast News) - Yellow Cake: Berenberg reiterates buy with a target price of 300p.

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SSP sees Q1 sales slump on second Covid wave after FY loss

17th Dec 2020 07:02

(Sharecast News) - Travel food outlet operator SSP Group said it expected an 80% fall in first quarter sales as the second wave of Covid-19 hit its UK and European markets with volatility continuing into the second three months of the financial year.

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Tuesday preview: Chinese activity data, SSP Group in the spotlight

14th Dec 2020 17:38

(Sharecast News) - Investors' focus at the end of the week will shift towards Asia, as Chinese authorities release a raft of economic indicators for the month of November.

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Wednesday broker round-up

9th Dec 2020 13:46

(Sharecast News) - National Grid: Citigroup upgrades to buy with a target price of 970p.

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Berenberg starts SSP Group at 'hold', says further cash raise 'likely'

9th Dec 2020 13:02

(Sharecast News) - Analysts at Berenberg kicked off coverage of SSP Group with a recommendation to 'hold', judging that the risk/reward balance was "evenly balanced" following the shares' recent run higher - although they did like the long-run opportunities that they offered.

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Upper Crust owner SSP slumps on MS downgrade

17th Nov 2020 11:24

(Sharecast News) - Shares of Upper Crust owner SSP slid on Tuesday after Morgan Stanley downgraded the stock to 'equalweight' from 'overweight' and cut the price target to 320p from 330p following the recent vaccine-inspired rally.

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