Easyhotel PLC (LON:EZH) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 117 ($1.54) and last traded at GBX 117 ($1.54), with a volume of shares trading hands.
Several equities research analysts have issued reports on the stock. Liberum Capital reiterated a “buy” rating and issued a GBX 120 ($1.58) price target on shares of Easyhotel PLC in a research note on Wednesday, June 21st. Investec reiterated a “buy” rating and issued a GBX 135 ($1.77) price target on shares of Easyhotel PLC in a research note on Tuesday, August 1st.
In related news, insider Jonathan S. Lane purchased 105,000 shares of Easyhotel PLC stock in a transaction that occurred on Tuesday, October 10th. The stock was bought at an average price of GBX 94 ($1.24) per share, for a total transaction of £98,700 ($129,765.97). Also, insider Scott Christie purchased 22,220 shares of Easyhotel PLC stock in a transaction that occurred on Monday, September 11th. The shares were bought at an average price of GBX 89 ($1.17) per share, with a total value of £19,775.80 ($26,000.26).
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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