Elegant Hotels Group PLC (EHG) Given New GBX 100 Price Target at Liberum Capital
Elegant Hotels Group PLC (LON:EHG) had its price objective cut by Liberum Capital from GBX 114 ($1.41) to GBX 100 ($1.24) in a report released on Friday morning. They currently have a buy rating on the stock.
Shares of Elegant Hotels Group PLC (LON:EHG) traded down 3.88% during mid-day trading on Friday, hitting GBX 62.00. 119,711 shares of the stock traded hands. The stock’s market cap is GBX 55.07 million. Elegant Hotels Group PLC has a one year low of GBX 61.00 and a one year high of GBX 120.00. The stock has a 50-day moving average of GBX 72.59 and a 200 day moving average of GBX 84.05.
In related news, insider Adams,David acquired 6,000 shares of the business’s stock in a transaction dated Monday, August 8th. The shares were acquired at an average cost of GBX 63 ($0.78) per share, for a total transaction of £3,780 ($4,678.22). Also, insider Jones,Richard acquired 20,000 shares of the business’s stock in a transaction dated Friday, August 5th. The shares were bought at an average price of GBX 63 ($0.78) per share, for a total transaction of £12,600 ($15,594.06).
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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