Insider Buying: SSP Group PLC (SSPG) Insider Buys 19 Shares of Stock

SSP Group PLC (LON:SSPG) insider Jonathan Davies purchased 19 shares of SSP Group stock in a transaction on Wednesday, December 6th. The stock was bought at an average cost 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 purchased 21 shares of SSP Group stock. The stock was bought at an average cost of GBX 596 ($8.02) per share, with a total value of £125.16 ($168.45).
  • On Friday, October 6th, Jonathan Davies purchased 23 shares of SSP Group stock. The stock was bought at an average cost of GBX 550 ($7.40) per share, with a total value of £126.50 ($170.26).

SSP Group PLC (SSPG) opened at GBX 650.36 ($8.75) on Friday. SSP Group PLC has a 1-year low of GBX 356.26 ($4.79) and a 1-year high of GBX 672.45 ($9.05).

The company also recently declared a dividend, which will be paid on Thursday, March 29th. Investors of record on Thursday, March 15th will be issued a dividend of GBX 4.90 ($0.07) per share. This is an increase from SSP Group’s previous dividend of $3.20. This represents a yield of 0.76%. The ex-dividend date is Thursday, March 15th.

A number of analysts have weighed in on SSPG shares. Morgan Stanley downgraded shares of SSP Group to an “underweight” rating and increased 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 reaffirmed an “add” rating and set a GBX 670 ($9.02) price objective on shares of SSP Group in a report on Wednesday, November 29th. Panmure Gordon reaffirmed a “hold” rating and set a GBX 500 ($6.73) price objective on shares of SSP Group in a report on Thursday, October 5th. J P Morgan Chase & Co reaffirmed a “neutral” rating and set a GBX 415 ($5.59) price objective on shares of SSP Group in a report on Friday, September 29th. Finally, Liberum Capital reaffirmed a “buy” rating and set a GBX 600 ($8.08) price objective on shares of SSP Group in a report on Wednesday, August 30th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of GBX 524.77 ($7.06).

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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).

Insider Buying and Selling by Quarter for SSP Group (LON:SSPG)

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