Liberum Capital Lowers Elegant Hotels Group PLC (EHG) Price Target to GBX 100
Elegant Hotels Group PLC (LON:EHG) had its price objective reduced by investment analysts at Liberum Capital from GBX 114 ($1.41) to GBX 100 ($1.24) in a research note issued to investors on Friday. The firm currently has a “buy” rating on the stock. Liberum Capital’s price objective points to a potential upside of 49.25% from the stock’s previous close.
Shares of Elegant Hotels Group PLC (LON:EHG) opened at 66.00 on Friday. The stock has a 50 day moving average price of GBX 72.93 and a 200 day moving average price of GBX 84.18. The firm’s market capitalization is GBX 58.62 million. Elegant Hotels Group PLC has a 1-year low of GBX 61.00 and a 1-year high of GBX 120.00.
In other news, insider Jones,Richard acquired 20,000 shares of Elegant Hotels Group PLC stock in a transaction dated Friday, August 5th. The stock was bought at an average price of GBX 63 ($0.78) per share, for a total transaction of £12,600 ($15,594.06). Also, insider Adams,David acquired 6,000 shares of Elegant Hotels Group PLC stock in a transaction dated Monday, August 8th. The shares were purchased at an average price of GBX 63 ($0.78) per share, with a total value of £3,780 ($4,678.22).
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Elegant Hotels Group PLC Company Profile
Elegant Hotels Group plc and its subsidiaries are engaged in the ownership and operation of hotels and restaurants on the island of Barbados. The Company is an owner and operator of approximately six luxury hotels and an Italian beachfront restaurant, Daphne’s, on the island of Barbados. Each hotel is a separate operating segment of the Company.
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