PPHE Hotel Group (LON:PPH) Stock Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

PPHE Hotel Group Limited (LON:PPH)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1,544.89 and traded as high as GBX 1,780. PPHE Hotel Group shares last traded at GBX 1,760, with a volume of 461,868 shares trading hands.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on PPH. Jefferies Financial Group increased their price target on PPHE Hotel Group from GBX 1,600 to GBX 1,920 and gave the company a “buy” rating in a research note on Thursday, November 13th. JPMorgan Chase & Co. dropped their price objective on PPHE Hotel Group from GBX 1,500 to GBX 1,400 and set a “neutral” rating on the stock in a research note on Thursday, September 11th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,660.

PPHE Hotel Group Price Performance

The company has a debt-to-equity ratio of 390.56, a quick ratio of 1.19 and a current ratio of 0.98. The firm has a 50-day moving average price of GBX 1,574.57 and a 200 day moving average price of GBX 1,545.54. The stock has a market capitalization of £736.67 million, a P/E ratio of 34.51 and a beta of 1.11.

PPHE Hotel Group Company Profile

PPHE Hotel Group is an international hospitality real estate company, with a £2.2 billion portfolio, valued as at December 2024 by Savills and Zagreb nekretnine Ltd (ZANE), of primarily prime freehold and long leasehold assets in Europe.

Through its subsidiaries, jointly controlled entities and associates it owns, co-owns, develops, leases, operates and franchises1 hospitality real estate.