Liberum Capital Reaffirms Buy Rating for Easyhotel (EZH)
Easyhotel (LON:EZH)‘s stock had its “buy” rating restated by Liberum Capital in a research report issued to clients and investors on Wednesday. They currently have a GBX 120 ($1.62) target price on the stock. Liberum Capital’s price objective would suggest a potential upside of 3.45% from the company’s current price.
Easyhotel (LON EZH) opened at GBX 116 ($1.56) on Wednesday. Easyhotel has a 12-month low of GBX 80.11 ($1.08) and a 12-month high of GBX 125.70 ($1.69).
In other news, insider Scott Christie purchased 16,736 shares of the stock in a transaction on Wednesday, December 6th. The shares were acquired at an average price of GBX 119 ($1.60) per share, with a total value of £19,915.84 ($26,804.63). Also, insider Jonathan S. Lane purchased 105,000 shares of the stock in a transaction on Tuesday, October 10th. The shares were purchased at an average cost of GBX 94 ($1.27) per share, for a total transaction of £98,700 ($132,839.84). Insiders bought 143,956 shares of company stock valued at $13,839,164 over the last quarter.
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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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