Key Points
- SSP Group insider Patrick Coveney sold 91,027 shares at an average price of GBX 194, generating approximately £176,592.
- SSP Group shares opened at GBX 187.50 and were down 1.3%, with a market capitalization of about £1.42 billion and a 52-week range of GBX 137.30 to GBX 219.40.
- Analysts maintain a generally positive view, with four Buy ratings and two Holds; the stock has an overall “Moderate Buy” consensus rating.
SSP Group plc (LON:SSPG - Get Free Report) insider Patrick Coveney sold 91,027 shares of the business's stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of GBX 194, for a total transaction of £176,592.38.
SSP Group Trading Down 1.3%
LON:SSPG opened at GBX 187.50 on Tuesday. 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. The firm has a market cap of £1.42 billion, a price-to-earnings ratio of -52.08, a price-to-earnings-growth ratio of -0.77 and a beta of 0.91. SSP Group plc has a 52 week low of GBX 137.30 and a 52 week high of GBX 219.40. The firm has a 50-day moving average price of GBX 196.93 and a two-hundred day moving average price of GBX 184.59.
Analyst Ratings Changes
A number of analysts recently commented on the company. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a GBX 262 price target on shares of SSP Group in a report on Monday, August 17th. Citigroup reduced their price target on shares of SSP Group from GBX 3,600 to GBX 3,200 and set a "buy" rating for the company in a research report on Monday, June 8th. Shore Capital Group restated a "house stock" rating on shares of SSP Group in a report on Tuesday, July 28th. Finally, Berenberg Bank lifted their price objective on shares of SSP Group from GBX 230 to GBX 240 and gave the stock a "buy" rating in a research report on Tuesday, August 4th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, SSP Group presently has an average rating of "Moderate Buy" and an average target price of GBX 721.17.
Read Our Latest Analysis on SSP Group
SSP Group Company Profile
(
Get Free Report)
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).
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
