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SSP Group plc ( (GB:SSPG) ) has issued an announcement.
SSP Group plc announced that several directors, including the Group CEO Patrick Coveney, have made significant share purchases. These transactions, which include purchases by Carolyn Bradley and Apurvi Sheth, indicate a strong vote of confidence in the company’s future prospects. Such insider buying can positively influence investor sentiment and potentially impact the company’s stock performance.
The most recent analyst rating on (GB:SSPG) stock is a Buy with a £2.20 price target. To see the full list of analyst forecasts on SSP Group plc stock, see the GB:SSPG Stock Forecast page.
Spark’s Take on GB:SSPG Stock
According to Spark, TipRanks’ AI Analyst, GB:SSPG is a Neutral.
SSP Group plc’s strong financial performance, particularly in revenue growth and operational efficiency, is offset by high leverage and modest profitability. Technical indicators suggest a lack of strong momentum, and the valuation is unattractive due to negative earnings. The absence of earnings call data and corporate events limits additional insights.
To see Spark’s full report on GB:SSPG stock, click here.
More about SSP Group plc
SSP Group plc operates in the food and beverage industry, focusing on providing catering services in travel locations such as airports and railway stations. The company is known for its wide range of food and beverage offerings, catering to travelers across various global markets.
Average Trading Volume: 2,191,634
Technical Sentiment Signal: Hold
Current Market Cap: £1.31B
See more data about SSPG stock on TipRanks’ Stock Analysis page.