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

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

Dalata Hotel Group Price Performance

Shares of LON DAL remained flat at GBX 340 ($4.31) on Thursday. The stock had a trading volume of 18,314 shares, compared to its average volume of 11,858. Dalata Hotel Group has a 52 week low of GBX 324 ($4.11) and a 52 week high of GBX 436 ($5.53). The company has a 50-day moving average price of GBX 358.14 and a 200 day moving average price of GBX 378.67. The company has a debt-to-equity ratio of 68.42, a current ratio of 0.69 and a quick ratio of 0.70. The firm has a market cap of £763.06 million, a price-to-earnings ratio of 1,000.00 and a beta of 1.60.

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.