A statement released earlier today by Berenberg about Millennium Copthorne Hotels PLC (LON:MLC) maintains the target price at 380.00GBX
- Updated: February 12, 2017
Stating a potential downside of -0.11%, Berenberg hold steady the price target of Millennium Copthorne Hotels PLC (LON:MLC) at 380.00GBX
On 1/12/2017, Berenberg released a statement on Millennium Copthorne Hotels PLC (LON:MLC) maintained the target price at 380.00GBX that suggested an upside of 0%.
Having a price of 425.75GBX, Millennium Copthorne Hotels PLC (LON:MLC) traded 0.52% higher on the day. With the last stock price close down -2.59% from the two hundred day average, compared with the S&P 500 Index which has increased 0.06% over the date range. MLC has recorded a 50-day average of 452.62GBX and a two hundred day average of 440.40GBX. Trading volume was down over the average, with 56,518 shares of MLC changing hands under the typical 61,021
Recent Performance Chart
Millennium Copthorne Hotels PLC has 52 week low of 360.00GBX and a 52 week high of 484.40GBX with a PE ratio of 21.67 and has a market capitalization of 0 GBX.
In addition to Berenberg reporting its stock price target, a total of 5 brokerages have issued a research note on the company. The average stock price target is 459.00GBX with 1 brokerage rating the stock a strong buy, 1 brokerage rating the stock a buy, 4 brokerages rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Millennium Copthorne Hotels PLC (LON:MLC)
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. The Company's Millennium Collection includes brands, such as Grand Millennium Hotels and Millennium Hotels. Its Leng's Collection includes brands, such as The Bailey's Hotel London, The Chelsea Harbour Hotel, Grand Hotel Palace Rome, M Hotels, Studio M Hotels and M Social. Its Copthorne Collection includes brands, such as Copthorne Hotels and Kingsgate Hotels. The Company's portfolio of over 125 hotels includes approximately 65 owned or leased hotels, 40 managed hotels, 10 hotels that are franchised and 15 hotels held as investment properties.
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