Millennium & Copthorne Hotels plc (LON:MLC) had its price target lifted by analysts at Berenberg Bank from GBX 340 ($4.25) to GBX 380 ($4.75) in a research report issued on Monday. The brokerage presently has a “sell” rating on the stock. Berenberg Bank’s price objective indicates a potential downside of 11.34% from the company’s previous close.
Separately, Credit Suisse Group AG reissued a “neutral” rating and issued a GBX 400 ($5.00) price target on shares of Millennium & Copthorne Hotels plc in a research note on Wednesday, August 3rd. One analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of GBX 481.43 ($6.01).
Millennium & Copthorne Hotels plc (LON:MLC) traded down 0.79% during mid-day trading on Monday, reaching GBX 428.60. The company’s stock had a trading volume of 32,342 shares. The firm’s market capitalization is GBX 1.39 billion. Millennium & Copthorne Hotels plc has a 1-year low of GBX 360.00 and a 1-year high of GBX 497.70. The firm has a 50-day moving average of GBX 440.36 and a 200 day moving average of GBX 430.45.