Berenberg Bank Raises Dalata Hotel Group (DAL) Price Target to GBX 700
Dalata Hotel Group (LON:DAL) had its target price increased by equities researchers at Berenberg Bank from GBX 575 ($7.51) to GBX 700 ($9.15) in a research note issued on Tuesday. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price target points to a potential upside of 73.70% from the stock’s current price.
LON:DAL opened at GBX 403 ($5.27) on Tuesday. Dalata Hotel Group has a 12 month low of GBX 377 ($4.93) and a 12 month high of GBX 572 ($7.47).
In other news, insider Pat McCann acquired 20,000 shares of the business’s stock in a transaction on Friday, November 23rd. The stock was bought at an average cost of GBX 475 ($6.21) per share, for a total transaction of £95,000 ($124,134.33).
Dalata Hotel Group plc owns and operates hotels under the brand names of Clayton Hotel and Maldron Hotel in Ireland and the United Kingdom. The company operates three, four, five, and eight star hotels. It also operates Red Bean Roastery coffee spaces; Grain & Grill restaurant facilities; and Club Vitae leisure centers in hotels.
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