Insider Buying: SSP Group PLC (SSPG) Insider Buys £123.69 in Stock
SSP Group PLC (LON:SSPG) insider Jonathan Davies bought 19 shares of the company’s stock in a transaction on Wednesday, December 6th. The shares were acquired at an average price of GBX 651 ($8.76) per share, with a total value of £123.69 ($166.47).
Jonathan Davies also recently made the following trade(s):
- On Monday, November 6th, Jonathan Davies bought 21 shares of SSP Group stock. The shares were acquired at an average price of GBX 596 ($8.02) per share, with a total value of £125.16 ($168.45).
- On Friday, October 6th, Jonathan Davies bought 23 shares of SSP Group stock. The shares were acquired at an average price of GBX 550 ($7.40) per share, with a total value of £126.50 ($170.26).
SSP Group PLC (LON:SSPG) opened at GBX 659.60 ($8.88) on Monday. SSP Group PLC has a 12-month low of GBX 368.20 ($4.96) and a 12-month high of GBX 672.45 ($9.05).
The business also recently disclosed a dividend, which will be paid on Thursday, March 29th. Stockholders of record on Thursday, March 15th will be issued a dividend of GBX 4.90 ($0.07) per share. The ex-dividend date is Thursday, March 15th. This is a positive change from SSP Group’s previous dividend of $3.20. This represents a dividend yield of 0.76%.
A number of analysts recently issued reports on SSPG shares. Morgan Stanley lowered SSP Group to an “underweight” rating and boosted their price target for the company from GBX 450 ($6.06) to GBX 480 ($6.46) in a report on Tuesday, September 5th. Numis Securities reiterated an “add” rating and issued a GBX 670 ($9.02) price target on shares of SSP Group in a report on Wednesday, November 29th. Panmure Gordon reiterated a “hold” rating and issued a GBX 500 ($6.73) price target on shares of SSP Group in a report on Thursday, October 5th. J P Morgan Chase & Co reiterated a “neutral” rating and issued a GBX 415 ($5.59) price target on shares of SSP Group in a report on Friday, September 29th. Finally, Liberum Capital reiterated a “buy” rating and issued a GBX 600 ($8.08) price target on shares of SSP Group in a report on Wednesday, August 30th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 524.77 ($7.06).
ILLEGAL ACTIVITY NOTICE: “Insider Buying: SSP Group PLC (SSPG) Insider Buys £123.69 in Stock” was originally published by Watch List News and is the property of of Watch List News. If you are viewing this piece on another publication, it was copied illegally and republished in violation of US and international trademark & copyright legislation. The original version of this piece can be read at https://www.watchlistnews.com/insider-buying-ssp-group-plc-sspg-insider-buys-123-69-in-stock/1756535.html.
About SSP Group
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).
Receive News & Ratings for SSP Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SSP Group PLC and related companies with Analyst Ratings Network's FREE daily email newsletter.