McAleese Stock Rating Lowered by Deutsche Bank (MCS)
McAleese (ASX:MCS) was downgraded by stock analysts at Deutsche Bank to a “buy” rating in a report issued on Tuesday, Analyst RN reports. They currently have a $1.10 price target on the stock.
McAleese (ASX:MCS) traded up 0.86% on Tuesday, hitting A$0.585. The stock had a trading volume of 113,585 shares. McAleese has a 52 week low of A$0.390 and a 52 week high of A$1.630. The stock has a 50-day moving average of A$0.51 and a 200-day moving average of A$1.01.
A number of other firms have also recently commented on MCS. Analysts at JPMorgan Chase & Co. initiated coverage on shares of McAleese in a research note on Wednesday, February 19th. They set an “overweight” rating on the stock.
McAleese Limited (ASX:MCS) is an Australia-based company engaged in providing transport and logistics solutions.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.