PPHE Hotel Group Ltd (PPH) Declares Dividend of GBX 9
PPHE Hotel Group (LON:PPH) declared a dividend on Thursday, August 28th, Stock Ratings News reports. Shareholders of record on Wednesday, September 3rd will be given a dividend of GBX 9 ($0.15) per share on Thursday, October 16th. This represents a yield of 2%. The ex-dividend date of this dividend is Wednesday, September 3rd. The official announcement can be accessed at this link.
A number of analysts have recently weighed in on PPH shares. Analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of PPHE Hotel Group in a research note on Thursday. On a related note, analysts at FinnCap reiterated a “corporate” rating on shares of PPHE Hotel Group in a research note on Thursday. They now have a GBX 465 ($7.69) price target on the stock. Finally, analysts at FinnCap reiterated a “corporate” rating on shares of PPHE Hotel Group in a research note on Thursday, June 19th.
Shares of PPHE Hotel Group (LON:PPH) traded up 2.77% during mid-day trading on Thursday, hitting GBX 445.00. 40,880 shares of the company’s stock traded hands. PPHE Hotel Group has a 52 week low of GBX 290.75 and a 52 week high of GBX 450.00. The stock’s 50-day moving average is GBX 400.6 and its 200-day moving average is GBX 368.1. The company’s market cap is £184.8 million.
PPHE Hotel Group Limited through its subsidiaries, jointly controlled entities and associates, owns, leases, operates, franchises and develops full service upscale and lifestyle hotels in cities and regional centers in Europe.
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