Marcus & Millichap Inc (NYSE:MMI) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: October 9, 2016
Having a price of $25.23, Marcus & Millichap Inc (NYSE:MMI) traded -1.68% lower on the day. With the last close down -2.37% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. MMI has recorded a 50-day average of $25.75 and a two hundred day average of $25.78. Trade Volume was up over the average, with 91,219 shares of MMI changing hands over the typical 88,257
Zacks Investment Research has downgraded Marcus & Millichap Inc (NYSE:MMI) to Sell in a statement released on 10/5/2016.
On Monday August 10, 2015, Citigroup released a statement on Marcus & Millichap Inc (NYSE:MMI) upped the target price from $50.00 to $59.00 that suggested an upside of 0.13%.
Recent Performance Chart
Marcus & Millichap Inc has 52 week low of $18.77 and a 52 week high of $49.97 with a PE ratio of 14.63 and has a market cap of $0.
About Marcus & Millichap Inc (NYSE:MMI)
Marcus & Millichap, Inc. is a brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services. The Company also offers market research, consulting and advisory services to its clients. It also offers two services to its clients, such as commercial real estate investment brokerage, and financing and ancillary services. It has over 1,600 investment sales and financing professionals in over 80 offices in the United States and Canada that provide investment brokerage and financing services to sellers and buyers of commercial real estate. The Company divides the commercial real estate market into four segments: Properties with prices approximately $1 million; Private client market, which includes properties priced from $1 million to $10 million; Middle market, which includes properties priced from $10 million to $20 million, and Institutional market, which includes properties priced from $20 million and above.
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