SSP Group plc (LON:SSPG – Get Free Report) insider Patrick Coveney sold 91,027 shares of the company’s stock in a transaction on Friday, October 2nd. The shares were sold at an average price of GBX 194, for a total value of £176,592.38.
SSP Group Stock Up 0.7%
SSPG stock opened at GBX 188.90 on Wednesday. The stock has a fifty day moving average of GBX 196.57 and a 200-day moving average of GBX 184.69. SSP Group plc has a fifty-two week low of GBX 137.30 and a fifty-two week high of GBX 219.40. The company has a market capitalization of £1.43 billion, a price-to-earnings ratio of -52.47, a PEG ratio of -0.77 and a beta of 0.91. The company has a debt-to-equity ratio of 36,503.12, a quick ratio of 0.66 and a current ratio of 0.37.
Analyst Ratings Changes
Several analysts have recently issued reports on the stock. Shore Capital Group reissued a “house stock” rating on shares of SSP Group in a research report on Tuesday, July 28th. Berenberg Bank raised their price objective on shares of SSP Group from GBX 230 to GBX 240 and gave the stock a “buy” rating in a report on Tuesday, August 4th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 262 price objective on shares of SSP Group in a research note on Monday, August 17th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, SSP Group presently has a consensus rating of “Moderate Buy” and an average target price of GBX 721.17.
SSP Group Company Profile
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. These include our own brands (such as UrbanCrave, which brought the first “street eats” concept to airports in the US, Nippon Ramen, a noodle and dumpling concept in the Asia Pac region, and Juniper, a premium bar in the UK) as well as franchise brands (such as M&S, Starbucks and Burger King).
Featured Stories
- Five stocks we like better than SSP Group
- Constellation Energy’s Google Deal Shows Why Nuclear Uprates Matter for AI
- Lamb Weston’s Turnaround Is Starting to Look Real
- These 3 Stocks Got the Most Love From Analysts in September
- Record French Debt Could Create Opportunities for U.S. Market Operators
Receive News & Ratings for SSP Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SSP Group and related companies with MarketBeat.com's FREE daily email newsletter.
