Millennium & Copthorne Hotels plc (MLC) Stock Rating Reaffirmed by Beaufort Securities
Millennium & Copthorne Hotels plc (LON:MLC)‘s stock had its “hold” rating reiterated by analysts at Beaufort Securities in a report issued on Tuesday.
A number of other research firms have also recently commented on MLC. Credit Suisse Group boosted their price target on shares of Millennium & Copthorne Hotels plc from GBX 455 ($6.00) to GBX 463 ($6.11) and gave the stock a “neutral” rating in a research note on Monday, August 7th. Berenberg Bank raised shares of Millennium & Copthorne Hotels plc to a “hold” rating and boosted their price target for the stock from GBX 380 ($5.01) to GBX 450 ($5.94) in a research note on Tuesday, August 29th.
Millennium & Copthorne Hotels plc (LON:MLC) opened at 593.00 on Tuesday. The company’s market cap is GBX 1.94 billion. Millennium & Copthorne Hotels plc has a 52 week low of GBX 410.00 and a 52 week high of GBX 603.05. The company has a 50-day moving average of GBX 504.77 and a 200 day moving average of GBX 468.14.
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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.
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