Elegant Hotels Group PLC (LON:EHG) had its target price dropped by equities researchers at Liberum Capital from GBX 114 ($1.39) to GBX 100 ($1.22) in a note issued to investors on Friday. The brokerage currently has a “buy” rating on the stock. Liberum Capital’s price objective would indicate a potential upside of 57.48% from the stock’s current price.
Elegant Hotels Group PLC (LON:EHG) opened at 64.65 on Friday. The firm’s market capitalization is GBX 57.42 million. Elegant Hotels Group PLC has a 1-year low of GBX 61.00 and a 1-year high of GBX 120.00. The stock has a 50 day moving average price of GBX 72.08 and a 200 day moving average price of GBX 83.43.
In other news, insider Adams,David acquired 6,000 shares of the business’s stock in a transaction dated Monday, August 8th. The stock was acquired at an average price of GBX 63 ($0.77) per share, for a total transaction of £3,780 ($4,606.95). Also, insider Jones,Richard acquired 20,000 shares of the business’s stock in a transaction dated Friday, August 5th. The stock was purchased at an average price of GBX 63 ($0.77) per share, with a total value of £12,600 ($15,356.49).
About Elegant Hotels Group PLC
Elegant Hotels Group plc and its subsidiaries are engaged in the ownership and operation of hotels and restaurants on the island of Barbados. The Company is an owner and operator of approximately six luxury hotels and an Italian beachfront restaurant, Daphne’s, on the island of Barbados. Each hotel is a separate operating segment of the Company.
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