SSP Group plc (LON:SSPG) Insider Jonathan Davies Buys 74 Shares

SSP Group plc (LON:SSPG) insider Jonathan Davies purchased 74 shares of the business’s stock in a transaction that occurred on Wednesday, August 6th. The stock was bought at an average cost of GBX 169 ($2.26) per share, with a total value of £125.06 ($167.06).

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

• On Monday, July 7th, Jonathan Davies bought 66 shares of SSP Group stock. The stock was bought at an average price of GBX 189 ($2.52) per share, for a total transaction of £124.74 ($166.63).
• On Friday, June 6th, Jonathan Davies acquired 77 shares of SSP Group stock. The stock was purchased at an average price of GBX 162 ($2.16) per share, for a total transaction of £124.74 ($166.63).
• On Wednesday, May 14th, Jonathan Davies purchased 75 shares of SSP Group stock. The stock was purchased at an average cost of GBX 167 ($2.23) per share, for a total transaction of £125.25 ($167.31).

SSP Group Stock Performance

LON SSPG opened at GBX 168.80 ($2.25) on Thursday. The firm has a market cap of £1.35 billion, a P/E ratio of 176.92, a P/E/G ratio of -0.77 and a beta of 1.88. SSP Group plc has a 52-week low of GBX 134.10 ($1.79) and a 52-week high of GBX 196.30 ($2.62). The business’s 50-day moving average price is GBX 171.43 and its 200 day moving average price is GBX 164.61. The company has a quick ratio of 0.66, a current ratio of 0.44 and a debt-to-equity ratio of 852.29.

SSP Group (LON:SSPG) last released its earnings results on Wednesday, May 21st. The company reported GBX (2) (($0.03)) EPS for the quarter. SSP Group had a return on equity of 3.64% and a net margin of 0.24%. On average, equities research analysts expect that SSP Group plc will post 13.1004016 earnings per share for the current year.

Analysts Set New Price Targets

SSPG has been the topic of several recent research reports. Shore Capital restated a “house stock” rating on shares of SSP Group in a report on Tuesday, July 29th. UBS Group lowered SSP Group to a “sell” rating and set a GBX 170 ($2.27) price objective on the stock. in a research note on Friday, July 11th. Citigroup upped their target price on SSP Group from GBX 320 ($4.27) to GBX 330 ($4.41) and gave the company a “buy” rating in a report on Wednesday, July 30th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 285 ($3.81) price target on shares of SSP Group in a report on Wednesday, July 30th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of GBX 235 ($3.14).

About SSP Group

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.