Zacks Investment Research Downgrades Mitsubishi Estate Co Ltd (MITEY) to Hold
Mitsubishi Estate Co Ltd (OTCMKTS:MITEY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued on Wednesday. They currently have a $23.00 price target on the stock. Zacks Investment Research’s target price would indicate a potential upside of 12.52% from the company’s previous close.
Mitsubishi Estate Co (OTCMKTS:MITEY) opened at 20.44 on Wednesday. The company’s 50 day moving average is $0.00 and its 200 day moving average is $0.00. Mitsubishi Estate Co has a 12-month low of $17.10 and a 12-month high of $21.82.
About Mitsubishi Estate Co
Mitsubishi Estate Co, Ltd. is engaged in the development of real estate, including office buildings, residential properties and commercial properties. The Building Business segment is engaged in the development, leasing and property management of office buildings. Its Lifestyle Property segment operates the PREMIUM OUTLETS, MARK IS and other retail facilities.
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