Millennium & Copthorne Hotels (MLC) Stock Had Its Sell Rating Restated by Analysts at Prime Markets
05/09/2013

Millennium & Copthorne Hotels (MLC) stock had its sell rating restated by analysts at Prime Markets in a research report issued to clients and investors on Thursday.

Online PR News – 09-May-2013 – London – Millennium & Copthorne Hotels (LON: MLC)'s stock had its "sell" rating restated by analysts at Prime Markets in a research report issued to clients and investors on Thursday, AnalystRatingsNetwork reports. They currently have a GBX 515 ($7.98) price target on the stock.

Several other analysts have also recently commented on the stock. Analysts at Credit Suisse reiterated a "neutral" rating on shares of Millennium & Copthorne Hotels in a research note to investors on Thursday. They now have a GBX 496 ($7.68) price target on the stock, down previously from GBX 542 ($8.39). Separately, analysts at Liberum Capital reiterated a "hold" rating on shares of Millennium & Copthorne Hotels in a research note to investors on Thursday. They now have a GBX 469 ($7.26) price target on the stock. Finally, analysts at Panmure Gordon reiterated a "sell" rating on shares of Millennium & Copthorne Hotels in a research note to investors on Tuesday. They now have a GBX 475 ($7.36) price target on the stock.

Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the stock. Millennium & Copthorne Hotels currently has an average rating of "Hold" and a consensus target price of GBX 538.78 ($8.34).

Shares of Millennium & Copthorne Hotels (LON: MLC) opened at 535.00 on Thursday. Millennium & Copthorne Hotels has a one year low of GBX 450.00 and a one year high of GBX 582.50. The stock's 50-day moving average is currently GBX 495.. The company's market cap is £1.734 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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