Insider Buying: SSP Group PLC (SSPG) Insider Buys £123.58 in Stock
SSP Group PLC (LON:SSPG) insider Jonathan Davies purchased 37 shares of SSP Group PLC stock in a transaction on Tuesday, November 8th. The stock was purchased at an average price of GBX 334 ($4.14) per share, for a total transaction of £123.58 ($153.08).
Shares of SSP Group PLC (LON:SSPG) opened at 341.00 on Friday. SSP Group PLC has a 1-year low of GBX 260.40 and a 1-year high of GBX 349.60. The company’s 50 day moving average is GBX 329.68 and its 200-day moving average is GBX 315.66. The company’s market capitalization is GBX 1.62 billion.
A number of equities analysts have commented on the stock. Barclays PLC boosted their price target on shares of SSP Group PLC from GBX 280 ($3.47) to GBX 310 ($3.84) and gave the company an “equal weight” rating in a research report on Thursday. Canaccord Genuity boosted their price target on shares of SSP Group PLC from GBX 340 ($4.21) to GBX 360 ($4.46) and gave the company a “hold” rating in a research report on Tuesday. JPMorgan Chase & Co. boosted their price target on shares of SSP Group PLC from GBX 366 ($4.53) to GBX 385 ($4.77) and gave the company an “overweight” rating in a research report on Friday, October 21st. Numis Securities Ltd assumed coverage on shares of SSP Group PLC in a research report on Monday, October 10th. They set a “buy” rating and a GBX 390 ($4.83) target price on the stock. Finally, Panmure Gordon upped their target price on shares of SSP Group PLC from GBX 350 ($4.34) to GBX 380 ($4.71) and gave the stock a “buy” rating in a research report on Thursday, September 15th. Four analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. SSP Group PLC presently has an average rating of “Buy” and an average price target of GBX 352 ($4.36).
About SSP Group PLC
SSP Group plc is a United Kingdom-based operator of food and beverage outlets. The Company operates a range of outlets from quick service to fine dining. The Company provides a range of food and beverage products to a variety of customers in the travel environment. Its clients include owners and operators of airports and railway stations.
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