Millennium & Copthorne Hotels plc Given Average Rating of “Hold” by Analysts (LON:MLC)
Millennium & Copthorne Hotels plc (LON:MLC) has received an average recommendation of “Hold” from the eleven brokerages that are covering the company, AR Network reports. One equities research analyst has rated the stock with a sell recommendation, nine have given a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is GBX 563 ($9.59).
MLC has been the subject of a number of recent research reports. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Millennium & Copthorne Hotels plc in a research note on Tuesday, June 24th. They now have a GBX 550 ($9.37) price target on the stock. Separately, analysts at Beaufort Securities reiterated a “hold” rating on shares of Millennium & Copthorne Hotels plc in a research note on Monday, June 16th.
Millennium & Copthorne Hotels plc (LON:MLC) traded up 0.17% on Monday, hitting GBX 579.50. The stock had a trading volume of 10,870 shares. Millennium & Copthorne Hotels plc has a 52 week low of GBX 525.00 and a 52 week high of GBX 622.50. The stock’s 50-day moving average is GBX 571.8 and its 200-day moving average is GBX 573.6. The company’s market cap is £1.883 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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