Canaccord Genuity Reaffirms Buy Rating for Elegant Hotels Group (EHG)

Canaccord Genuity reiterated their buy rating on shares of Elegant Hotels Group (LON:EHG) in a report issued on Tuesday. Canaccord Genuity currently has a GBX 110 ($1.49) target price on the stock.

Separately, Liberum Capital reissued a buy rating on shares of Elegant Hotels Group in a research note on Tuesday.

Elegant Hotels Group opened at GBX 84 ($1.14) on Tuesday, Marketbeat.com reports. Elegant Hotels Group has a 1 year low of GBX 77 ($1.04) and a 1 year high of GBX 97.50 ($1.32).

The business also recently declared a dividend, which will be paid on Friday, July 6th. Investors of record on Thursday, May 31st will be paid a GBX 1.33 ($0.02) dividend. The ex-dividend date is Thursday, May 31st. This represents a yield of 1.55%.

About Elegant Hotels Group

Elegant Hotels Group plc owns and operates hotels and restaurants in Barbados. It operates seven hotels under the Colony Club, Treasure Beach, Tamarind, The House, Crystal Cove, Turtle Beach, and Waves names. The company's hotels comprise a portfolio of 588 rooms. It also operates a restaurant under the Daphne's name; and Hodges Bay Resort, a beachfront resort in Antigua.

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