PPHE Hotel Group (LON:PPH) Receives Buy Rating from Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of PPHE Hotel Group (LON:PPH) in a research note published on Friday morning, MarketBeat.com reports. The firm currently has a GBX 17 ($0.22) price objective on the stock.

PPHE Hotel Group Price Performance

PPHE Hotel Group stock opened at GBX 1,335 ($17.61) on Friday. PPHE Hotel Group has a 1 year low of GBX 1,000 ($13.19) and a 1 year high of GBX 1,530.75 ($20.19). The company has a debt-to-equity ratio of 220.34, a quick ratio of 1.19 and a current ratio of 1.42. The firm has a 50 day moving average price of GBX 1,354.49 and a 200 day moving average price of GBX 1,366.76. The company has a market cap of £560.57 million, a price-to-earnings ratio of 2,518.87 and a beta of 1.13.

PPHE Hotel Group Increases Dividend

The company also recently disclosed 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 represents a dividend yield of 1.25%. This is an increase from PPHE Hotel Group’s previous dividend of $16.00. The ex-dividend date is Thursday, September 19th. PPHE Hotel Group’s dividend payout ratio is presently 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.