Listing in m:access for more visibility and liquidity
Yesterday, MHP Hotel AG was included in the m:access segment of the Munich Stock Exchange for medium-sized companies.
The full update is avaible on:
What's it all about ?
Yesterday, MHP Hotel AG was included in the m:access segment of the Munich Stock Exchange for medium-sized companies. The uplisting is to be welcomed, as the higher transparency requirements should help build investor confidence. Together with the planned cash capital increase in H1 2022, it should also lead to higher liquidity in the stock. We continue to recommend BUY with an unchanged price target of EUR 3.00 based on a DCF. Newsflow in the near term should be dominated by the opening of the portfolio addition Autograph Collection Hotel Luc at Berlin's Gendarmenmarkt in February. Further acquisitions are realistic given the tight situation of many hotel operators.
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