PPHE Hotel Group’s (PPH) “Buy” Rating Reiterated at Berenberg Bank
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).
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
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