Millennium & Copthorne Hotels Price Target Raised to GBX 570 at Credit Suisse (MLC)
Investment analysts at Credit Suisse boosted their target price on shares of Millennium & Copthorne Hotels (LON:MLC) from GBX 560 ($9.18) to GBX 570 ($9.35) in a note issued to investors on Thursday, Stock Ratings Network.com reports. The firm currently has a “neutral” rating on the stock. Credit Suisse’s price target points to a potential downside of 5.79% from the stock’s previous close.
Separately, analysts at Panmure Gordon raised their price target on shares of Millennium & Copthorne Hotels from GBX 475 ($7.79) to GBX 602 ($9.87) in a research note to investors on Monday, November 25th. They now have a “hold” rating on the stock. Two equities research analysts have rated the stock with a sell rating and ten have given a hold rating to the company. Millennium & Copthorne Hotels presently has a consensus rating of “Hold” and an average target price of GBX 546.17 ($8.96).
Millennium & Copthorne Hotels (LON:MLC) opened at 604.50 on Thursday. Millennium & Copthorne Hotels has a one year low of GBX 513.50 and a one year high of GBX 622.50. The stock’s 50-day moving average is GBX 585.1 and its 200-day moving average is GBX 569.0. The company’s market cap is £1.960 billion.
Millennium & Copthorne Hotels plc is engaged in the ownership and management of hotels worldwide. The Company operates hotels under four brands: Grand Millennium, Millennium, Copthorne and Kingsgate.
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