McAleese Given “Overweight” Rating at JPMorgan Chase & Co. (MCS)
A number of other firms have also recently commented on MCS. Analysts at Deutsche Bank downgraded shares of McAleese to a “buy” rating in a research note on Thursday, May 15th. They now have a $1.10 price target on the stock.
McAleese (ASX:MCS) traded up 3.26% on Thursday, hitting A$0.475. The stock had a trading volume of 20,467 shares. McAleese has a 1-year low of A$0.390 and a 1-year high of A$1.630. The stock’s 50-day moving average is A$0.50 and its 200-day moving average is A$0.88. The company’s market cap is A$140.9 million.
McAleese Limited (ASX:MCS) is an Australia-based company engaged in providing transport and logistics solutions.
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