SSP Group PLC (SSPG) Insider Buys £121.67 in Stock
SSP Group PLC (LON:SSPG) insider Jonathan Davies bought 23 shares of the stock in a transaction dated Wednesday, September 6th. The shares were acquired at an average price of GBX 529 ($6.83) per share, for a total transaction of £121.67 ($157.14).
SSP Group PLC (LON SSPG) opened at 528.50 on Friday. The firm’s 50-day moving average price is GBX 525.48 and its 200-day moving average price is GBX 470.59. The stock’s market cap is GBX 2.51 billion. SSP Group PLC has a 12-month low of GBX 312.00 and a 12-month high of GBX 563.50.
A number of research firms have recently commented on SSPG. Liberum Capital reiterated a “buy” rating and set a GBX 600 ($7.75) target price on shares of SSP Group PLC in a research note on Thursday. Morgan Stanley cut SSP Group PLC to an “underweight” rating and boosted their price objective for the company from GBX 450 ($5.81) to GBX 480 ($6.20) in a research note on Tuesday. Goldman Sachs Group, Inc. (The) began coverage on SSP Group PLC in a research note on Friday, July 21st. They issued a “neutral” rating and a GBX 512 ($6.61) price objective on the stock. Barclays PLC restated an “equal weight” rating and issued a GBX 480 ($6.20) price objective on shares of SSP Group PLC in a research note on Monday, July 17th. Finally, Canaccord Genuity restated a “sell” rating and issued a GBX 410 ($5.30) price objective on shares of SSP Group PLC in a research note on Thursday, July 13th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of GBX 479.77 ($6.20).
SSP Group PLC Company Profile
SSP Group plc is an operator of food and beverage concessions in travel locations, operating restaurants, bars, cafes, food courts, lounges and stores in airports, train stations, motorway service stations and other locations. The Company’s segments are the UK, Continental Europe, North America and the Rest of the World (RoW).
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