SSP Group PLC (LON:SSPG) insider Per Utnegaard purchased 7,100 shares of the business’s stock in a transaction dated Wednesday, December 20th. The shares were acquired at an average price of GBX 676 ($9.17) per share, for a total transaction of £47,996 ($65,088.15).
SSP Group PLC (LON SSPG) traded up GBX 34 ($0.46) during midday trading on Friday, reaching GBX 663 ($8.99). 1,964,498 shares of the company’s stock traded hands, compared to its average volume of 932,701. The firm has a market cap of $3,150.00 and a price-to-earnings ratio of 3,489.47. SSP Group PLC has a 52 week low of GBX 387 ($5.25) and a 52 week high of GBX 693 ($9.40).
The business also recently declared a dividend, which will be paid on Thursday, March 29th. Shareholders of record on Thursday, March 15th will be given a GBX 4.90 ($0.07) dividend. This represents a yield of 0.76%. This is a positive change from SSP Group’s previous dividend of $3.20. The ex-dividend date is Thursday, March 15th.
SSPG has been the topic of a number of recent research reports. Numis Securities restated an “add” rating and set a GBX 560 ($7.59) price target on shares of SSP Group in a report on Friday, September 29th. Shore Capital reiterated a “buy” rating on shares of SSP Group in a report on Wednesday, November 22nd. Liberum Capital reiterated a “buy” rating and issued a GBX 600 ($8.14) target price on shares of SSP Group in a report on Friday, November 17th. Panmure Gordon reiterated a “hold” rating and issued a GBX 500 ($6.78) target price on shares of SSP Group in a report on Thursday, October 5th. Finally, downgraded shares of SSP Group to a “hold” rating and set a GBX 540 ($7.32) target price on the stock. in a report on Wednesday, September 27th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 560.92 ($7.61).
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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).
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