Millennium & Copthorne Hotels plc (MLC) PT Raised to GBX 420 at Credit Suisse Group AG
Millennium & Copthorne Hotels plc (LON:MLC) had its price target hoisted by equities research analysts at Credit Suisse Group AG from GBX 400 ($4.95) to GBX 420 ($5.20) in a research note issued to investors on Thursday. The brokerage presently has a “neutral” rating on the stock. Credit Suisse Group AG’s price objective points to a potential downside of 5.17% from the company’s previous close.
Separately, Berenberg Bank raised their target price on shares of Millennium & Copthorne Hotels plc from GBX 340 ($4.21) to GBX 380 ($4.71) and gave the stock a “sell” rating in a research report on Monday, November 7th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of GBX 481.43 ($5.96).
Shares of Millennium & Copthorne Hotels plc (LON:MLC) opened at 442.90 on Thursday. The stock’s market capitalization is GBX 1.44 billion. Millennium & Copthorne Hotels plc has a 52 week low of GBX 360.00 and a 52 week high of GBX 497.70. The firm’s 50-day moving average is GBX 441.16 and its 200-day moving average is GBX 431.85.
Millennium & Copthorne Hotels plc Company Profile
Millennium & Copthorne Hotels plc is a global hospitality management and real estate group. The Company operates approximately 125 hotels in over 85 business and leisure destinations in Asia, Australasia, Europe, the Middle East and North America. Its geographical segments include New York, Regional US, London, Rest of Europe (including the Middle East), Singapore, Rest of Asia and Australasia.
Receive News & Stock Ratings for Millennium & Copthorne Hotels plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Millennium & Copthorne Hotels plc and related stocks with our FREE daily email newsletter.