PPHE Hotel Group (LON:PPH) had its price target trimmed by JPMorgan Chase & Co. from GBX 2,500 ($32.89) to GBX 2,200 ($28.94) in a report published on Friday, Stock Target Advisor reports. The firm currently has an overweight rating on the stock.

PPH has been the topic of several other research reports. Berenberg Bank restated a buy rating and issued a GBX 2,150 ($28.28) price target on shares of PPHE Hotel Group in a research note on Thursday, January 23rd. FinnCap restated a corporate rating on shares of PPHE Hotel Group in a research note on Thursday, October 31st. Four equities research analysts have rated the stock with a buy rating, PPHE Hotel Group currently has an average rating of Buy and a consensus price target of GBX 2,175 ($28.61).

Shares of PPHE Hotel Group stock traded down GBX 10 ($0.13) during midday trading on Friday, hitting GBX 1,740 ($22.89). The company had a trading volume of 63,985 shares, compared to its average volume of 14,453. The company has a debt-to-equity ratio of 141.08, a quick ratio of 2.62 and a current ratio of 2.70. The stock has a market capitalization of $738.79 million and a P/E ratio of 2,175.00. The company has a 50 day moving average of GBX 2,008 and a 200 day moving average of GBX 1,884.80. PPHE Hotel Group has a 52-week low of GBX 1,620 ($21.31) and a 52-week high of GBX 2,160 ($28.41).

The business also recently declared a dividend, which will be paid on Friday, May 22nd. Investors of record on Thursday, April 23rd will be paid a GBX 20 ($0.26) dividend. The ex-dividend date is Thursday, April 23rd. This represents a dividend yield of 1.14%. This is an increase from PPHE Hotel Group’s previous dividend of $17.00. PPHE Hotel Group’s dividend payout ratio is presently 46.25%.

About PPHE Hotel Group

PPHE Hotel Group Limited owns, develops, leases, operates, and franchises full-service upscale and lifestyle hotels in Europe, the Middle East, and Africa. It owns and operates hotels and resorts under the Park Plaza, the art'otel, and the Arena Campsites brands, as well as the Arena Hotels & Apartments.

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