UK's SSP Group slip after Berenberg cuts target price

By Reuters News

** 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)

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