Jonathan Davies Buys 56 Shares of SSP Group plc (LON:SSPG) Stock
From MarketBeat:
Jonathan Davies, insider of SSP Group, acquired 56 shares of the company at an average cost of £2.83 per share. Davies previously made various trades, including the purchase of 55 shares and the sale of 150 shares in December. The stock of SSP Group opened at GBX 224.80 on Tuesday, showing a 0.3% decrease.
SSP Group has a market capitalization of £1.79 billion and a PE ratio of 22,540.00. The 50-day moving average is GBX 216.87, and the 200-day moving average is GBX 224.12. The company also disclosed a dividend of GBX 2.50 per share. According to MarketBeat, the company has a dividend yield of 1.17%.
SSPG has been the subject of several analyst reports, with seven research analysts rating the stock as a buy. Average stock price is GBX 314.17. Shore Capital reissued a “house stock” rating on shares of SSP Group, and Berenberg Bank cut their price target on shares of SSP Group from GBX 320 to GBX 290, setting a “buy” rating.
SSP Group plc operates food and beverage outlets in North America, Europe, the UK, the Asia Pacific, Eastern Europe, the Middle East, and internationally. The company runs outlets at airports, railway stations, motorway service areas, hospitals, and shopping centers, with sandwich shops, cafes, bars, and restaurants.
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