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PPHE Hotel Group Appoints Shore Capital as Joint Corporate Broker

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PPHE Hotel Group Appoints Shore Capital as Joint Corporate Broker

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PPHE Hotel ( (GB:PPH) ) has issued an update.

PPHE Hotel Group has appointed Shore Capital as a joint corporate broker, replacing Jefferies International Limited. This strategic move, effective immediately, positions Shore Capital alongside J.P. Morgan Cazenove, potentially enhancing PPHE’s market engagement and financial advisory capabilities.

The most recent analyst rating on (GB:PPH) stock is a Hold with a £1951.00 price target. To see the full list of analyst forecasts on PPHE Hotel stock, see the GB:PPH Stock Forecast page.

Spark’s Take on GB:PPH Stock

According to Spark, TipRanks’ AI Analyst, GB:PPH is a Neutral.

PPHE Hotel Group shows strong technical momentum and positive corporate developments, such as refinancing and robust Q3 performance. However, financial performance is hindered by high leverage and negative free cash flow, and the valuation suggests the stock may be overvalued. These factors combine to produce a moderate overall stock score.

To see Spark’s full report on GB:PPH stock, click here.

More about PPHE Hotel

PPHE Hotel Group is an international hospitality real estate group that develops, owns, and operates hotels and resorts.

Average Trading Volume: 47,537

Technical Sentiment Signal: Strong Buy

Current Market Cap: £758.4M

For detailed information about PPH stock, go to TipRanks’ Stock Analysis page.

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