tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

PPHE Hotel Group Secures Refinancing for Park Plaza London Riverbank

Story Highlights
PPHE Hotel Group Secures Refinancing for Park Plaza London Riverbank

Claim 50% Off TipRanks Premium and Invest with Confidence

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

PPHE Hotel Group has announced a refinancing agreement for its Park Plaza London Riverbank hotel with Aareal Bank AG, extending the loan maturity to June 2030. The new terms feature a mix of fixed and floating interest rates, with no amortization, which is expected to offset increased interest costs and maintain cash flow stability.

The most recent analyst rating on (GB:PPH) stock is a Hold with a £1973.00 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’s stock score is primarily driven by strong technical momentum, despite financial risks from high leverage and negative free cash flow. The valuation suggests the stock is expensive, which tempers the overall 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. The company focuses on high-quality assets in key city-center locations, providing long-term financing opportunities.

Average Trading Volume: 65,282

Technical Sentiment Signal: Buy

Current Market Cap: £790.2M

See more insights into PPH stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1