PPHE Hotel Group (LON:PPH) Now Covered by Analysts at Jefferies Financial Group

Jefferies Financial Group assumed coverage on shares of PPHE Hotel Group (LON:PPH) in a research note issued to investors on Wednesday morning, ThisIsMoney.Co.Uk reports. The brokerage issued a buy rating and a GBX 2,200 ($28.75) target price on the stock.

A number of other equities research analysts have also recently issued reports on the company. Berenberg Bank reaffirmed a buy rating and set a GBX 2,150 ($28.09) target price on shares of PPHE Hotel Group in a research report on Thursday, September 5th. Kepler Capital Markets reissued a buy rating on shares of PPHE Hotel Group in a research report on Monday, September 9th. Finally, FinnCap reissued a corporate rating on shares of PPHE Hotel Group in a research report on Friday, September 6th.

Shares of PPHE Hotel Group stock opened at GBX 1,810 ($23.65) on Wednesday. The stock has a market capitalization of $767.41 million and a P/E ratio of 28.37. The company has a quick ratio of 2.38, a current ratio of 2.46 and a debt-to-equity ratio of 144.80. The stock has a 50 day moving average price of GBX 1,796 and a two-hundred day moving average price of GBX 1,788.02. PPHE Hotel Group has a 12-month low of GBX 1,520 ($19.86) and a 12-month high of GBX 2,020 ($26.39).

The firm also recently disclosed a dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Thursday, September 19th will be given a GBX 17 ($0.22) dividend. The ex-dividend date is Thursday, September 19th. This represents a dividend yield of 0.98%. PPHE Hotel Group’s dividend payout ratio is 0.56%.

In other PPHE Hotel Group news, insider Eli Papouchado acquired 670,000 shares of PPHE Hotel Group stock in a transaction dated Thursday, September 12th. The stock was bought at an average cost of GBX 1,600 ($20.91) per share, with a total value of £10,720,000 ($14,007,578.73).

About PPHE Hotel Group

PPHE Hotel Group Limited owns, develops, leases, operates, and franchises full-service upscale and lifestyle hotels in Europe, the Middle East, and Africa. It owns and operates hotels and resorts under the Park Plaza, the art'otel, and the Arena Campsites brands, as well as the Arena Hotels & Apartments.

Featured Article: Trading Options- What is a Strangle?

Receive News & Ratings for PPHE Hotel Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PPHE Hotel Group and related companies with MarketBeat.com's FREE daily email newsletter.