FinnCap reissued their corporate rating on shares of PPHE Hotel Group Ltd (LON:PPH) in a report issued on Tuesday, Marketbeat Ratings reports. The firm currently has a GBX 1,290 ($17.02) price target on the stock.
Shares of PPHE Hotel Group (PPH) traded up GBX 12 ($0.16) during trading hours on Tuesday, reaching GBX 1,067 ($14.08). 15,020 shares of the company traded hands, compared to its average volume of 7,628. PPHE Hotel Group has a one year low of GBX 651.50 ($8.60) and a one year high of GBX 1,130 ($14.91).
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The company also recently declared a dividend, which was paid on Friday, October 13th. Investors of record on Thursday, September 14th were issued a dividend of GBX 11 ($0.15) per share. The ex-dividend date of this dividend was Thursday, September 14th. This represents a yield of 1.09%.
In other PPHE Hotel Group news, insider Roni Hirsch sold 5,000 shares of the company’s stock in a transaction dated Wednesday, September 27th. The shares were sold at an average price of GBX 1,075 ($14.19), for a total value of £53,750 ($70,929.01). Also, insider Chen Moravsky sold 35,990 shares of the company’s stock in a transaction dated Tuesday, October 17th. The stock was sold at an average price of GBX 1,041 ($13.74), for a total transaction of £374,655.90 ($494,399.45). Insiders sold a total of 75,000 shares of company stock worth $78,823,170 over the last 90 days.
PPHE Hotel Group Company Profile
PPHE Hotel Group Limited is a hospitality company. The Company, through its subsidiaries, jointly controlled entities and associates, owns, leases, operates, franchises and develops upscale and lifestyle hotels in gateway cities and regional centers in Europe. The Company’s activities are divided into Owned Hotel Operations and Management Activities.
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