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Share Price Information for SSP Group (SSPG)
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Intraday SSP Group Share Chart
UBS downgrades SSP, shares slide
(Sharecast News) - UBS downgraded its rating on SSP on Tuesday, sending shares in the Upper Crust and Millie's Cookies owner tumbling.
The stock was cut to 'neutral' from 'buy' and the price target slashed to 180p from 245p as UBS cited persisting uncertainty and a worsening capacity outlook.
"Risks to volumes in the travel retail industry linked to the Middle East conflict are increasing," the bank said.
SSP, an operator of food and beverage outlets in travel locations, also owns Ritazza and Le Grand Comptoir, among other brands.
At 1458 BST, the shares were down 6.7% at 164.80p.
Broker RecommendationsLatest SSPG News
- UK dividends calendar - next 7 days
19 Jun 2026 - WINNERS & LOSERS: Informa backs 2026 view, Intertek agrees to EQT bid
18 Jun 2026 - WINNERS & LOSERS: Oil majors fall, airlines up on US-Iran peace hopes
12 Jun 2026 - WINNERS & LOSERS: WH Smith seeks capital, cuts outlook; Workspace down
10 Jun 2026 - LONDON BROKER RATINGS: Deutsche Bank cuts Wickes, Dunelm, Currys
29 May 2026 - UK dividends calendar - next 7 days
21 May 2026 - SSP swings to profit in first half, backs 2026 goals amid uncertainty
19 May 2026 - Upper Crust owner SSP holds sales forecast after Iran war slowdown
19 May 2026
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SSP Group News
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WINNERS & LOSERS: Oil majors fall, airlines up on US-Iran peace hopes
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Friday.
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Upper Crust owner SSP holds sales forecast after Iran war slowdown
* Like-for-like sales growth slowed to 3% in early H2
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