Berenberg Bank restated their buy rating on shares of PPHE Hotel Group (LON:PPH) in a report published on Thursday morning. Berenberg Bank currently has a GBX 2,050 ($26.44) price objective on the stock.

Several other brokerages also recently weighed in on PPH. Kepler Capital Markets raised their price target on PPHE Hotel Group from GBX 1,450 ($18.70) to GBX 1,750 ($22.57) and gave the stock a buy rating in a report on Wednesday, July 11th. FinnCap reissued a corporate rating on shares of PPHE Hotel Group in a report on Thursday, June 14th.

Shares of LON PPH opened at GBX 1,530 ($19.74) on Thursday. PPHE Hotel Group has a fifty-two week low of GBX 755 ($9.74) and a fifty-two week high of GBX 1,180 ($15.22).

The company also recently disclosed a dividend, which will be paid on Monday, October 15th. Stockholders of record on Thursday, September 20th will be paid a GBX 16 ($0.21) dividend. This represents a dividend yield of 1.06%. This is a boost from PPHE Hotel Group’s previous dividend of $13.00. The ex-dividend date of this dividend is Thursday, September 20th.

PPHE Hotel Group Company Profile

PPHE Hotel Group Limited owns, leases, develops, operates, and franchises full-service upscale and lifestyle hotels in Europe, the Middle East, and Africa. It operates a portfolio of 39 owned, co-owned, leased, managed, and franchised hotels with a total of approximately 9,000 rooms under the Park Plaza Hotels & Resorts or art'otel and brands.

Further Reading: Book Value Per Share – BVPS

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.