Dalata Hotel Group (LON:DAL) PT Raised to GBX 470 at Berenberg Bank

Dalata Hotel Group (LON:DALGet Rating) had its price objective upped by research analysts at Berenberg Bank from GBX 450 ($5.51) to GBX 470 ($5.76) in a report released on Thursday, MarketBeat reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s price objective suggests a potential upside of 37.83% from the stock’s previous close.

Dalata Hotel Group stock opened at GBX 341 ($4.18) on Thursday. The stock’s 50 day moving average price is GBX 344.14 and its 200 day moving average price is GBX 330.37. The firm has a market capitalization of £759.97 million and a PE ratio of -142.08. The company has a debt-to-equity ratio of 83.19, a quick ratio of 0.54 and a current ratio of 0.98. Dalata Hotel Group has a one year low of GBX 270.50 ($3.31) and a one year high of GBX 385.18 ($4.72).

About Dalata Hotel Group (Get Rating)

Dalata Hotel Group plc owns and operates hotels under the Maldron Hotels and Clayton Hotels brand names in Dublin, Regional Ireland, and United Kingdom. The company operates three-star and four-star hotels. It also operates Grain & Grill restaurants and bars; Club Vitae health and fitness clubs; and Red Bean Roastery coffee outlets in hotels.

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