Berenberg Bank Reiterates “Buy” Rating for Dalata Hotel Group (LON:DAL)

Dalata Hotel Group (LON:DAL)‘s stock had its “buy” rating reiterated by equities research analysts at Berenberg Bank in a note issued to investors on Thursday, LSE.Co.UK reports. They presently have a GBX 510 ($6.47) price objective on the stock. Berenberg Bank’s target price indicates a potential upside of 50.00% from the stock’s current price.

Dalata Hotel Group Stock Performance

DAL stock remained flat at GBX 340 ($4.31) during midday trading on Thursday. The company’s stock had a trading volume of 18,314 shares, compared to its average volume of 11,858. The firm has a 50-day moving average price of GBX 358.14 and a two-hundred day moving average price of GBX 378.67. The company has a current ratio of 0.69, a quick ratio of 0.70 and a debt-to-equity ratio of 68.42. The stock has a market cap of £763.06 million, a P/E ratio of 1,000.00 and a beta of 1.60. Dalata Hotel Group has a 12 month low of GBX 324 ($4.11) and a 12 month high of GBX 436 ($5.53).

About Dalata Hotel Group

Dalata Hotel Group plc owns, leases, and manages hotels under the Maldron Hotels and Clayton Hotels brand names in Dublin, Regional Ireland, the United Kingdom, and Continental Europe. It operates four-star hotels; and boutique hotels under The Gibson Hotel, The Samuel Hotel, Hotel 7, and The Belvedere Hotel brands.