PPHE Hotel Group (PPH) Rating Reiterated by Berenberg Bank

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PPHE Hotel Group (LON:PPH)‘s stock had its “buy” rating reiterated by Berenberg Bank in a research note issued on Thursday. They currently have a GBX 2,050 ($26.44) price target on the stock. Berenberg Bank’s price objective would indicate a potential upside of 33.99% from the stock’s previous close.

Other equities analysts also recently issued research reports about the company. Kepler Capital Markets started coverage on PPHE Hotel Group in a research report on Wednesday, May 16th. They set a “buy” rating and a GBX 1,450 ($18.70) price target on the stock. FinnCap reissued a “corporate” rating on shares of PPHE Hotel Group in a research report on Thursday, June 14th.

Shares of LON PPH opened at GBX 1,530 ($19.74) on Thursday. PPHE Hotel Group has a twelve month low of GBX 755 ($9.74) and a twelve month high of GBX 1,180 ($15.22).

About PPHE Hotel Group

PPHE Hotel Group Limited owns, leases, develops, operates, and franchises full-service upscale and lifestyle hotels in Europe, the Middle East, and Africa. It operates a portfolio of 39 owned, co-owned, leased, managed, and franchised hotels with a total of approximately 9,000 rooms under the Park Plaza Hotels & Resorts or art'otel and brands.

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