Millennium & Copthorne Hotels plc’s (MLC) “Sell” Rating Reaffirmed at Berenberg Bank
Separately, Credit Suisse Group restated a neutral rating and issued a GBX 420 ($5.11) target price on shares of Millennium & Copthorne Hotels plc in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. The stock has a consensus rating of Hold and an average target price of GBX 481.43 ($5.85).
Shares of Millennium & Copthorne Hotels plc (LON:MLC) traded up 0.45% during trading on Thursday, hitting GBX 468.50. 55,738 shares of the stock traded hands. Millennium & Copthorne Hotels plc has a 1-year low of GBX 360.00 and a 1-year high of GBX 484.40. The firm’s market capitalization is GBX 1.52 billion. The firm has a 50-day moving average of GBX 446.38 and a 200-day moving average of GBX 433.99.
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Millennium & Copthorne Hotels plc Company Profile
Millennium & Copthorne Hotels plc is a global hospitality management and real estate group. The Company operates approximately 125 hotels in over 85 business and leisure destinations in Asia, Australasia, Europe, the Middle East and North America. Its geographical segments include New York, Regional US, London, Rest of Europe (including the Middle East), Singapore, Rest of Asia and Australasia.
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