FinnCap Reaffirms “Corporate” Rating for PPHE Hotel Group (PPH)

FinnCap reaffirmed their corporate rating on shares of PPHE Hotel Group (LON:PPH) in a research report report published on Monday morning. The brokerage currently has a GBX 1,290 ($17.36) target price on the stock.

PPHE Hotel Group (PPH) opened at GBX 1,093.75 ($14.72) on Monday. PPHE Hotel Group has a 52-week low of GBX 660 ($8.88) and a 52-week high of GBX 1,130 ($15.21).

In related news, insider Roni Hirsch sold 5,000 shares of PPHE Hotel Group stock in a transaction dated Wednesday, September 27th. The stock was sold at an average price of GBX 1,075 ($14.47), for a total value of £53,750 ($72,341.86). Also, insider Chen Moravsky sold 35,990 shares of PPHE Hotel Group stock in a transaction dated Tuesday, October 17th. The stock was sold at an average price of GBX 1,041 ($14.01), for a total value of £374,655.90 ($504,247.51). Insiders sold 75,000 shares of company stock worth $78,823,170 over the last ninety days.

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About PPHE Hotel Group

PPHE Hotel Group Limited is a hospitality company. The Company, through its subsidiaries, jointly controlled entities and associates, owns, leases, operates, franchises and develops upscale and lifestyle hotels in gateway cities and regional centers in Europe. The Company’s activities are divided into Owned Hotel Operations and Management Activities.

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