SSP Group PLC (LON:SSPG) insider Jonathan Davies purchased 19 shares of SSP Group stock in a transaction on Wednesday, June 6th. The stock was acquired at an average cost of GBX 672 ($8.95) per share, for a total transaction of £127.68 ($169.99).
SSP Group traded up GBX 9 ($0.12), hitting GBX 664.60 ($8.85), on Friday, Marketbeat Ratings reports. 827,779 shares of the company were exchanged, compared to its average volume of 1,080,000. SSP Group PLC has a twelve month low of GBX 402.60 ($5.36) and a twelve month high of GBX 693 ($9.23).
The business also recently declared a dividend, which will be paid on Friday, June 29th. Investors of record on Thursday, May 31st will be given a dividend of GBX 4.80 ($0.06) per share. This represents a yield of 0.74%. The ex-dividend date of this dividend is Thursday, May 31st.
SSPG has been the topic of several recent research reports. Numis Securities reaffirmed an “add” rating and issued a GBX 710 ($9.45) price target on shares of SSP Group in a report on Monday, April 23rd. Liberum Capital reissued a “buy” rating on shares of SSP Group in a research note on Friday, May 4th. Deutsche Bank reissued an “equal weight” rating on shares of SSP Group in a research note on Monday, May 14th. Shore Capital reissued a “buy” rating on shares of SSP Group in a research note on Wednesday, May 16th. Finally, Citigroup raised shares of SSP Group to a “buy” rating and upped their price objective for the company from GBX 685 ($9.12) to GBX 720 ($9.59) in a research note on Friday, May 18th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of GBX 596.92 ($7.95).
SSP Group Company Profile
SSP Group plc operates food and beverage outlets. The company operates outlets at airports, railway stations, motorway service areas, hospitals, and sports stadia and shopping areas. It operates approximately 450 brands through a portfolio of 2,500 outlets, including coffee shops, sandwich bars, bakeries, and casual and fine-dining restaurants, as well as convenience and retail outlets in travel locations in approximately 30 countries in the United Kingdom, Europe, North America, the Asia Pacific, and the Middle East.
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