PPHE Hotel Group (LON:PPH) Price Target Lowered to GBX 1,400 at JPMorgan Chase & Co.

Key Points

• PPHE Hotel Group has had its price target reduced by JPMorgan Chase & Co. from GBX 1,500 to GBX 1,400, reflecting a "neutral" rating on the stock.
• Currently, PPHE Hotel Group's stock opened at GBX 1,402 and has experienced a market capitalization of £586.68 million with significant price fluctuations over the past year.
• Insider Marcia Bakker purchased 2,000 shares of PPHE Hotel Group recently, indicating strong internal confidence as insiders own 44.60% of the company's stock.

PPHE Hotel Group (LON:PPH - Free Report) had its target price decreased by JPMorgan Chase & Co. from GBX 1,500 to GBX 1,400 in a research report sent to investors on Thursday morning, Marketbeat reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.

PPHE Hotel Group Price Performance

PPHE Hotel Group stock traded down GBX 42 during mid-day trading on Thursday, reaching GBX 1,326. The company had a trading volume of 38,849 shares, compared to its average volume of 56,416. PPHE Hotel Group has a fifty-two week low of GBX 1,140 and a fifty-two week high of GBX 1,788. The company has a current ratio of 0.98, a quick ratio of 1.19 and a debt-to-equity ratio of 390.56. The company has a market cap of £554.88 million, a P/E ratio of 2,600.00 and a beta of 1.11. The business has a fifty day simple moving average of GBX 1,571.12 and a 200 day simple moving average of GBX 1,445.89.

PPHE Hotel Group (LON:PPH - Get Free Report) last issued its earnings results on Thursday, August 28th. The company reported GBX (7) earnings per share for the quarter. PPHE Hotel Group had a net margin of 5.15% and a return on equity of 7.10%. On average, equities research analysts predict that PPHE Hotel Group will post 85.2314475 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Marcia Bakker bought 2,000 shares of the business's stock in a transaction on Tuesday, September 2nd. The shares were purchased at an average price of GBX 1,305 per share, for a total transaction of £26,100. 44.60% of the stock is owned by corporate insiders.

About PPHE Hotel Group

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.