Credit Suisse Initiates Coverage on McAleese Ltd (MCS)
Research analysts at Credit Suisse assumed coverage on shares of McAleese Ltd (ASX:MCS) in a report released on Friday, AnalystRatings.Net reports. The firm set an “outperform” rating and a $1.80 price target on the stock.
Shares of McAleese Ltd (ASX:MCS) traded up 5.50% during mid-day trading on Friday, hitting A$1.150. The stock had a trading volume of 2,826,513 shares. McAleese Ltd has a 52-week low of A$0.000 and a 52-week high of A$0.000. The stock’s 50-day moving average is A$0.0 and its 200-day moving average is A$0.0.
McAleese Limited (ASX:MCS) is an Australia-based company engaged in providing transport and logistics solutions.
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