PPHE Hotel Group (LON:PPH) Shares Pass Above 200-Day Moving Average – What’s Next?

PPHE Hotel Group Limited (LON:PPH) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,506.68 and traded as high as GBX 1,868. PPHE Hotel Group shares last traded at GBX 1,852, with a volume of 17,923 shares changing hands.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Jefferies Financial Group raised their price target on PPHE Hotel Group from GBX 1,600 to GBX 1,920 and gave the stock a “buy” rating in a research report on Thursday, November 13th. JPMorgan Chase & Co. reduced their target price on shares of PPHE Hotel Group from GBX 1,500 to GBX 1,400 and set a “neutral” rating on the stock in a research note on Thursday, September 11th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,660.

PPHE Hotel Group Price Performance

The stock has a market capitalization of £816.19 million, a PE ratio of 38.24 and a beta of 1.11. 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 stock’s 50 day moving average price is GBX 1,468.45 and its 200-day moving average price is GBX 1,512.63.

PPHE Hotel Group (LON:PPH) last posted its quarterly earnings results on Thursday, August 28th. The company reported GBX (7) EPS for the quarter. PPHE Hotel Group had a return on equity of 7.10% and a net margin of 5.15%. As a group, equities analysts forecast that PPHE Hotel Group Limited will post 85.2314475 EPS for the current year.

Insider Activity at PPHE Hotel Group

In related news, insider Marcia Bakker bought 2,000 shares of PPHE Hotel Group stock in a transaction dated Tuesday, September 2nd. The shares were acquired at an average cost of GBX 1,305 per share, with a total value of £26,100. Company insiders own 44.61% of the company’s stock.

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.