Easyhotel PLC (EZH) Earns “Buy” Rating from Investec
Easyhotel PLC (LON:EZH)‘s stock had its “buy” rating restated by analysts at Investec in a research note issued on Tuesday. They currently have a GBX 135 ($1.78) target price on the stock. Investec’s price target points to a potential upside of 33.66% from the stock’s previous close.
Separately, Liberum Capital reaffirmed a “buy” rating and set a GBX 120 ($1.58) price target on shares of Easyhotel PLC in a research report on Tuesday.
Easyhotel PLC (EZH) remained flat at GBX 101.00 during midday trading on Tuesday. 10,000 shares of the company’s stock were exchanged. The company’s market capitalization is GBX 96.78 million. The firm has a 50-day moving average price of GBX 105.90 and a 200 day moving average price of GBX 94.67. Easyhotel PLC has a one year low of GBX 74.12 and a one year high of GBX 110.50.
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In other news, insider Jonathan S. Lane bought 10,000 shares of the firm’s stock in a transaction dated Thursday, May 25th. The stock was acquired at an average cost of GBX 94 ($1.24) per share, for a total transaction of £9,400 ($12,399.42).
About Easyhotel PLC
easyHotel plc is a United Kingdom-based owner, developer, operator and franchisor of branded hotels. The Company operates through two segments: Owned properties and Franchising. The Owned properties segment is involved in hotel operations carried out in the Company’s owned hotels and properties. The Franchising segment includes its franchise hotel operations in connection with the license of the Company’s brand name.
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