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SSP Group plc ( (GB:SSPG) ) has provided an announcement.
SSP Group PLC, a UK-based company, has experienced a change in the nature of its major holdings as notified by HSBC Holdings plc. The notification indicates that HSBC’s total voting rights in SSP Group have slightly increased from 9.105% to 9.111%, reflecting a minor shift in the company’s shareholder structure.
The most recent analyst rating on (GB:SSPG) stock is a Hold with a £240.00 price target. To see the full list of analyst forecasts on SSP Group plc stock, see the GB:SSPG Stock Forecast page.
Spark’s Take on GB:SSPG Stock
According to Spark, TipRanks’ AI Analyst, GB:SSPG is a Outperform.
SSP Group plc’s overall score reflects strong financial performance and positive corporate events, such as strategic expansions and managerial investments. However, technical indicators suggest caution due to overbought conditions, and the high P/E ratio points to potential overvaluation.
To see Spark’s full report on GB:SSPG stock, click here.
More about SSP Group plc
Average Trading Volume: 1,985,336
Technical Sentiment Signal: Hold
Current Market Cap: £1.49B
For a thorough assessment of SSPG stock, go to TipRanks’ Stock Analysis page.