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

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 price objective trimmed by JPMorgan Chase & Co. from GBX 1,500 to GBX 1,400 in a research note released on Thursday, MarketBeat reports. The firm currently has a neutral rating on the stock.

PPHE Hotel Group Price Performance

PPH stock traded down GBX 20 during midday trading on Thursday, hitting GBX 1,380. The company's stock had a trading volume of 84,637 shares, compared to its average volume of 56,236. PPHE Hotel Group has a 12 month low of GBX 1,140 and a 12 month high of GBX 1,788. The company has a quick ratio of 1.19, a current ratio of 0.98 and a debt-to-equity ratio of 390.56. The firm has a market capitalization of £577.47 million, a price-to-earnings ratio of 2,705.88 and a beta of 1.11. The company has a 50 day moving average of GBX 1,576 and a two-hundred day moving average of GBX 1,444.54.

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

Insider Activity at PPHE Hotel Group

In other news, insider Marcia Bakker bought 2,000 shares of the stock in a transaction dated Tuesday, September 2nd. The stock was purchased at an average cost of GBX 1,305 per share, for a total transaction of £26,100. Corporate insiders own 44.60% of the company's stock.

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.