PPHE Hotel Group (LON:PPH) Price Target Cut to GBX 1,500

PPHE Hotel Group (LON:PPH) had its target price decreased by JPMorgan Chase & Co. from GBX 1,550 ($20.38) to GBX 1,500 ($19.72) in a report issued on Monday, MarketBeat.com reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 15.38% from the company’s previous close.

Separately, Jefferies Financial Group reissued a “buy” rating and set a GBX 17 ($0.22) price objective on shares of PPHE Hotel Group in a report on Friday, August 30th.

PPHE Hotel Group Stock Down 1.1 %

PPH stock opened at GBX 1,300 ($17.09) on Monday. The stock has a market capitalization of £545.87 million, a P/E ratio of 2,452.83 and a beta of 1.13. 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 1-year low of GBX 1,000 ($13.15) and a 1-year high of GBX 1,530.75 ($20.13). The business has a fifty day moving average price of GBX 1,354.89 and a 200-day moving average price of GBX 1,369.39.

About PPHE Hotel Group

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.