PPHE Hotel Group (LON:PPH) Shares Up 3.4% – Here’s What Happened

Shares of PPHE Hotel Group Limited (LON:PPH) traded up 3.4% during trading on Tuesday . The company traded as high as GBX 1,220 ($15.50) and last traded at GBX 1,220 ($15.50). 11,398 shares traded hands during trading, a decline of 56% from the average session volume of 25,853 shares. The stock had previously closed at GBX 1,180 ($14.99).

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 17 ($0.22) price target on shares of PPHE Hotel Group in a research note on Friday, August 30th. JPMorgan Chase & Co. lowered their price objective on shares of PPHE Hotel Group from GBX 1,550 ($19.70) to GBX 1,500 ($19.06) and set a “neutral” rating for the company in a research report on Monday, September 2nd.

PPHE Hotel Group Stock Performance

The company has a market capitalization of £550.33 million, a PE ratio of 2,336.54 and a beta of 1.11. The company has a current ratio of 0.98, a quick ratio of 1.19 and a debt-to-equity ratio of 229.62. The firm’s 50-day simple moving average is GBX 1,192.35 and its 200-day simple moving average is GBX 1,285.08.

About PPHE Hotel Group

PPHE Hotel Group Limited owns, co-owns, develops, leases, operates, and franchises full-service upscale, upper upscale, and lifestyle hotels in the Netherlands, Germany, Hungary, Croatia, Serbia, Italy, Austria, and the United Kingdom. It owns and operates hotels and resorts under the Park Plaza, the art'otel, Radisson Collection, and the Arena Campsites brands, as well as the Arena Hotels & Apartments.