Liberum Capital reiterated their buy rating on shares of Easyhotel (LON:EZH) in a research note released on Wednesday morning. Liberum Capital currently has a GBX 120 ($1.62) target price on the stock.
Easyhotel (EZH) opened at GBX 116 ($1.56) on Wednesday. Easyhotel has a 52 week low of GBX 80.11 ($1.08) and a 52 week high of GBX 125.70 ($1.69).
In other Easyhotel news, insider Scott Christie purchased 16,736 shares of the company’s stock in a transaction dated Wednesday, December 6th. The stock was purchased at an average price of GBX 119 ($1.60) per share, with a total value of £19,915.84 ($26,804.63). Also, insider Jonathan S. Lane purchased 105,000 shares of the company’s stock in a transaction dated Tuesday, October 10th. The shares were acquired at an average cost of GBX 94 ($1.27) per share, with a total value of £98,700 ($132,839.84). Insiders have bought 143,956 shares of company stock valued at $13,839,164 in the last ninety days.
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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