Dalata Hotel Group PLC (LON:DAL) shares reached a new 52-week low during trading on Monday . The company traded as low as GBX 429 ($5.61) and last traded at GBX 434.50 ($5.68), with a volume of 5642 shares. The stock had previously closed at GBX 452.50 ($5.91).

Separately, Berenberg Bank lifted their price objective on Dalata Hotel Group from GBX 660 ($8.62) to GBX 700 ($9.15) and gave the stock a “buy” rating in a research note on Friday, August 31st.

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About Dalata Hotel Group (LON:DAL)

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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