Investec Reiterates Buy Rating for Easyhotel PLC (EZH)
Easyhotel PLC (LON:EZH)‘s stock had its “buy” rating restated by stock analysts at Investec in a note issued to investors on Tuesday. They presently have a GBX 135 ($1.67) price objective on the stock. Investec’s target price suggests a potential upside of 45.16% from the company’s current price.
Separately, Liberum Capital restated a “buy” rating and issued a GBX 120 ($1.49) price target on shares of Easyhotel PLC in a report on Tuesday, August 16th.
Easyhotel PLC (LON:EZH) opened at 93.00 on Tuesday. The firm has a 50-day moving average of GBX 92.16 and a 200 day moving average of GBX 87.44. The stock’s market capitalization is GBX 57.08 million. Easyhotel PLC has a 52 week low of GBX 62.00 and a 52 week high of GBX 102.50.
The company also recently announced a dividend, which will be paid on Thursday, February 16th. Stockholders of record on Thursday, January 12th will be issued a dividend of GBX 0.22 ($0.00) per share. The ex-dividend date is Thursday, January 12th. This represents a dividend yield of 0.24%. This is a boost from Easyhotel PLC’s previous dividend of $0.11.
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About Easyhotel PLC
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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