Berenberg Bank Reaffirms Buy Rating for Dalata Hotel Group (LON:DAL)

Berenberg Bank restated their buy rating on shares of Dalata Hotel Group (LON:DAL) in a research note released on Thursday morning, Marketbeat reports. Berenberg Bank currently has a GBX 510 ($6.47) price target on the stock.

Dalata Hotel Group Price Performance

DAL opened at GBX 340 ($4.31) on Thursday. The company has a quick ratio of 0.70, a current ratio of 0.69 and a debt-to-equity ratio of 68.42. The company’s 50-day moving average price is GBX 357.18 and its 200 day moving average price is GBX 378.47. Dalata Hotel Group has a fifty-two week low of GBX 324 ($4.11) and a fifty-two week high of GBX 436 ($5.53). The firm has a market cap of £763.06 million, a price-to-earnings ratio of 1,014.71 and a beta of 1.60.

Dalata Hotel Group Company Profile

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.