SSP Group

DESPITE SSP Group reporting a rise in profits last week, Canaccord is urging investors to ditch its shares.

The firm, which operates food and drink shops at airports and train stations, saw profits jump 47pc to £43.4m in the first half of the year.

But although Canaccord analysts upped their price target to 590p, from 570p, they also retained their ‘sell’ rating, warning that the valuation is vulnerable.