Easyhotel PLC (EZH) Given “Buy” Rating at Investec

Investec restated their buy rating on shares of Easyhotel PLC (LON:EZH) in a report issued on Friday. The brokerage currently has a GBX 135 ($1.67) price target on the stock.

Separately, Liberum Capital reaffirmed a buy rating and issued a GBX 120 ($1.48) price objective on shares of Easyhotel PLC in a research note on Monday, January 23rd.

Shares of Easyhotel PLC (LON:EZH) remained flat at GBX 87.50 during midday trading on Friday. The company’s stock had a trading volume of 12,102 shares. Easyhotel PLC has a 52-week low of GBX 70.00 and a 52-week high of GBX 102.50. The company’s market capitalization is GBX 53.70 million. The stock has a 50-day moving average price of GBX 85.82 and a 200 day moving average price of GBX 89.71.

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In related news, insider Guy Paul C. Parsons acquired 15,630 shares of the stock in a transaction dated Tuesday, January 3rd. The stock was acquired at an average cost of GBX 95 ($1.17) per share, with a total value of £14,848.50 ($18,338.27). Also, insider Jonathan S. Lane acquired 57,500 shares of the stock in a transaction dated Monday, January 30th. The stock was bought at an average cost of GBX 87 ($1.07) per share, with a total value of £50,025 ($61,782.14).

Easyhotel PLC Company Profile

easyHotel plc is a United Kingdom-based owner, developer, operator and franchisor of branded hotels. The Company operates through two segments: Owned properties and Franchising. The Owned properties segment is involved in hotel operations carried out in the Company’s owned hotels and properties. The Franchising segment includes its franchise hotel operations in connection with the license of the Company’s brand name.

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