SSP Group (LON:SSPG) Insider Jonathan Davies Buys 82 Shares

SSP Group plc (LON:SSPG) insider Jonathan Davies acquired 82 shares of the company’s stock in a transaction on Monday, September 8th. The stock was acquired at an average price of GBX 152 per share, with a total value of £124.64.

Jonathan Davies also recently made the following trade(s):

• On Wednesday, August 6th, Jonathan Davies acquired 74 shares of SSP Group stock. The stock was acquired at an average price of GBX 169 per share, with a total value of £125.06.
• On Monday, July 7th, Jonathan Davies acquired 66 shares of SSP Group stock. The stock was acquired at an average price of GBX 189 per share, with a total value of £124.74.

SSP Group Trading Down 0.7%

LON SSPG opened at GBX 149.90 on Thursday. SSP Group plc has a fifty-two week low of GBX 134.10 and a fifty-two week high of GBX 196.30. The stock has a market cap of £1.20 billion, a P/E ratio of -4,996.67, a price-to-earnings-growth ratio of -0.77 and a beta of 1.88. The stock has a 50 day simple moving average of GBX 167.39 and a two-hundred day simple moving average of GBX 161.52. The company has a debt-to-equity ratio of 852.29, a quick ratio of 0.66 and a current ratio of 0.44.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on SSPG shares. JPMorgan Chase & Co. decreased their price target on shares of SSP Group from GBX 200 to GBX 190 and set a “neutral” rating for the company in a research note on Thursday, August 7th. UBS Group cut SSP Group to a “sell” rating and set a GBX 170 target price for the company. in a research note on Friday, July 11th. Shore Capital restated a “house stock” rating on shares of SSP Group in a research note on Tuesday, July 29th. Citigroup raised their target price on SSP Group from GBX 320 to GBX 330 and gave the company a “buy” rating in a research note on Wednesday, July 30th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 285 target price on shares of SSP Group in a research note on Wednesday, July 30th. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, SSP Group has an average rating of “Hold” and an average price target of GBX 231.

SSP Group Company Profile

SSP is a leading operator of food and beverage outlets in travel locations worldwide, with c.37,000 colleagues in over 600 locations across 36 countries. We operate sit-down and quick service restaurants, cafes, lounges and food-led convenience stores, principally in airports and train stations, with a portfolio of more than 550 international, national and local brands.