PPHE Hotel Group’s Corporate Rating Reaffirmed at FinnCap (PPH)
PPHE Hotel Group (LON:PPH)‘s stock had its “corporate” rating restated by equities research analysts at FinnCap in a research note issued to investors on Thursday. They currently have a GBX 465 ($7.69) target price on the stock. FinnCap’s target price indicates a potential upside of 3.56% from the company’s current price.
PPHE Hotel Group (LON:PPH) traded up 2.77% on Thursday, hitting GBX 445.00. 40,880 shares of the company’s stock traded hands. PPHE Hotel Group has a one year low of GBX 290.75 and a one year high of GBX 450.00. The stock has a 50-day moving average of GBX 400.6 and a 200-day moving average of GBX 368.1. The company’s market cap is £184.8 million.
The company also recently declared a dividend, which is scheduled for Thursday, October 16th. Stockholders of record on Wednesday, September 3rd will be given a dividend of GBX 9 ($0.15) per share. This represents a yield of 2%. The ex-dividend date of this dividend is Wednesday, September 3rd.
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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