UK's SSP Group slip after Berenberg cuts target price

SSP

12/10/2026 12:30

** SSP Group SSPG.L shares fall 4.3% at 172.4p 
** Berenberg cuts target price on Upper Crust chain owner's stock to 225p from 245p
** Lowers FY26-FY28 earnings forecasts, citing weaker North American trading that led to a miss versus consensus operating profit expectations
** 8 of 15 analysts covering SSPG rate it "buy" or higher, 6 "hold" and 1 "sell"; median PT 225 pence - data compiled by LSEG 
** YTD, stock has fallen ~16% 

 ($1 = 0.76 pounds)

 (Reporting by Tuhina in Bengaluru)
 ((tuhina@thomsonreuters.com))