PPHE Hotel Group’s (PPH) “Corporate” Rating Reiterated at FinnCap
PPHE Hotel Group (LON:PPH)‘s stock had its “corporate” rating reiterated by equities researchers at FinnCap in a research note issued on Monday, December 4th. They presently have a GBX 1,290 ($17.25) price objective on the stock. FinnCap’s target price points to a potential upside of 19.44% from the stock’s current price.
Shares of PPHE Hotel Group (LON:PPH) remained flat at $GBX 1,080 ($14.44) during midday trading on Monday. PPHE Hotel Group has a fifty-two week low of GBX 668 ($8.93) and a fifty-two week high of GBX 1,135 ($15.18). The company has a market cap of $455.00 and a price-to-earnings ratio of 1,770.49.
In other news, insider Roni Hirsch sold 5,000 shares of PPHE Hotel Group stock in a transaction that occurred on Wednesday, September 27th. The stock was sold at an average price of GBX 1,075 ($14.37), for a total value of £53,750 ($71,867.90). Also, insider Chen Moravsky sold 35,990 shares of PPHE Hotel Group stock in a transaction that occurred on Tuesday, October 17th. The stock was sold at an average price of GBX 1,041 ($13.92), for a total value of £374,655.90 ($500,943.84). In the last quarter, insiders sold 75,000 shares of company stock valued at $78,823,170.
PPHE Hotel Group Company Profile
PPHE Hotel Group Limited is a hospitality company. The Company, through its subsidiaries, jointly controlled entities and associates, owns, leases, operates, franchises and develops upscale and lifestyle hotels in gateway cities and regional centers in Europe. The Company’s activities are divided into Owned Hotel Operations and Management Activities.
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