PPHE Hotel Group’s (PPH) “Buy” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reaffirmed their buy rating on shares of PPHE Hotel Group (LON:PPH) in a research report released on Friday, MarketBeat.com reports. They currently have a GBX 17 ($0.22) target price on the stock.

PPHE Hotel Group Stock Performance

PPHE Hotel Group stock opened at GBX 1,335 ($17.61) on Friday. The company has a market cap of £560.57 million, a PE ratio of 2,518.87 and a beta of 1.13. The company has a fifty day moving average price of GBX 1,354.49 and a two-hundred day moving average price of GBX 1,368.65. The company has a debt-to-equity ratio of 220.34, a current ratio of 1.42 and a quick ratio of 1.19. PPHE Hotel Group has a 12 month low of GBX 1,000 ($13.19) and a 12 month high of GBX 1,530.75 ($20.19).

PPHE Hotel Group Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Thursday, September 19th will be issued a dividend of GBX 17 ($0.22) per share. This is an increase from PPHE Hotel Group’s previous dividend of $16.00. The ex-dividend date of this dividend is Thursday, September 19th. This represents a dividend yield of 1.25%. PPHE Hotel Group’s payout ratio is 6,792.45%.

PPHE Hotel Group Company Profile

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.