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OEH $70

OEH target price
70.00
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Belmond Ltd.
Type
Public
Traded as NYSE: BEL
S&P 600 Component
Industry Hospitality
Headquarters London, United Kingdom
Key people
Roeland Vos, CEO
Services Hotels, trains, cruises, restaurants
Revenue Decrease US$ 585.7 million (2014)
Website belmond.com

Belmond Ltd. is a hotel and leisure company that operates luxury hotels, train services and river cruises around the world. In 2015, the company had 35 deluxe hotels, 7 tourist trains, 3 river cruises and restaurants in 22 countries.

The company was formerly known as Orient-Express Hotels Ltd. On 10 March 2014, the global collection of businesses was renamed Belmond, and on 1 July 2014, the parent company itself was renamed Belmond Ltd.

The company was founded in 1976 with the acquisition of Hotel Cipriani in Venice. The company derived its original name from the Orient Express train. It operates the Venice Simplon-Orient-Express, which provides overnight train service between London and Venice. It also operates other trains, including the Belmond Royal Scotsman train service, and has a 50 percent interest in PeruRail.

Among the European hotels it owns is Belmond Hotel Cipriani in Venice and Belmond Reid's Palace in Madeira. The company also owns and operates the Belmond Mount Nelson Hotel in Cape Town, and the Belmond Copacabana Palace in Rio de Janeiro. It operates two river cruisers on the Irrawaddy River in Central Burma (Myanmar), and Belmond Afloat in France (five canal and river barges).

The properties, trains and other services that are owned or managed by Belmond Ltd. include the following.


Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

2009-06-10 Reiterated Oppenheimer Perform $6 to $8
2009-04-28 Upgrade JP Morgan Underweight to Neutral
2008-10-08 Downgrade Deutsche Securities Buy to Hold
2008-03-14 Upgrade UBS Neutral to Buy
2007-11-21 Upgrade UBS Neutral to Buy
2007-04-03 Downgrade Citigroup Buy to Hold
2007-03-27 Downgrade Bear Stearns Outperform to Peer Perform
2007-03-05 Reiterated Goldman Sachs Neutral $44 to $46
2007-02-27 Downgrade CIBC Wrld Mkts Sector Outperform to Sector Perform
2009-06-10 Reiterated Oppenheimer Perform $6 to $8
2009-04-28 Upgrade JP Morgan Underweight to Neutral
2008-10-08 Downgrade Deutsche Securities Buy to Hold
2008-03-14 Upgrade UBS Neutral to Buy
2007-11-21 Upgrade UBS Neutral to Buy

There is presents forecasts of rating agencies and recommendations for investors about this ticker

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