Were Analysts Bearish Millennium & Copthorne Hotels plc (LON:MLC) This Week?

November 15, 2017 - By Adrian Erickson

 Were Analysts Bearish Millennium & Copthorne Hotels plc (LON:MLC) This Week?

Millennium & Copthorne Hotels plc (LON:MLC) Ratings Coverage

Among 9 analysts covering Millennium Copthorne Hotels PLC (LON:MLC), 3 have Buy rating, 0 Sell and 6 Hold. Therefore 33% are positive. Millennium Copthorne Hotels PLC had 31 analyst reports since July 31, 2015 according to SRatingsIntel. AlphaValue upgraded it to “Buy” rating and GBX 558 target in Thursday, December 3 report. As per Tuesday, March 8, the company rating was downgraded by Berenberg. The firm has “Neutral” rating given on Thursday, November 10 by Credit Suisse. Berenberg maintained it with “Sell” rating and GBX 380 target in Thursday, January 12 report. Berenberg maintained Millennium & Copthorne Hotels plc (LON:MLC) on Thursday, February 9 with “Sell” rating. Credit Suisse maintained the stock with “Neutral” rating in Monday, August 7 report. The stock has “Add” rating by AlphaValue on Thursday, July 23. The company was maintained on Friday, February 19 by Credit Suisse. The company was maintained on Friday, March 31 by VSA Capital. The firm has “Add” rating by AlphaValue given on Thursday, March 10. Below is a list of Millennium & Copthorne Hotels plc (LON:MLC) latest ratings and price target changes.

31/10/2017 Broker: Beaufort Securities Rating: Hold Maintain
29/08/2017 Broker: Berenberg Rating: Hold Old Target: GBX 380.00 New Target: GBX 450.00 Upgrade
07/08/2017 Broker: Credit Suisse Rating: Neutral Old Target: GBX 455.00 New Target: GBX 463.00 Reiteration

It is down 0.00% since November 15, 2016 and is . It has underperformed by 16.70% the S&P500.

Millennium & Copthorne Hotels plc is a global hospitality management and real estate group. The company has market cap of 1.92 billion GBP. The Firm operates approximately 125 hotels in over 85 business and leisure destinations in Asia, Australasia, Europe, the Middle East and North America. It has a 17.4 P/E ratio. The Company’s geographical divisions include New York, Regional US, London, Rest of Europe , Singapore, Rest of Asia and Australasia.

More notable recent Millennium & Copthorne Hotels plc (LON:MLC) news were published by: Ft.com which released: “Hotels facing ‘uncertain climate’ – Millennium & Copthorne” on February 19, 2016, also Ft.com with their article: “Singaporean group makes Millennium & Copthorne hotels takeover offer” published on October 09, 2017, Seekingalpha.com published: “Millennium & Copthorne Hotels Trades At A Discount To NAV” on January 14, 2016. More interesting news about Millennium & Copthorne Hotels plc (LON:MLC) were released by: Reuters.com and their article: “Millennium & Copthorne Hotels CEO Lee to resign” published on August 24, 2016 as well as Reuters.com‘s news article titled: “BRIEF-City Developments says ‍possible cash offer for Millennium & Copthorne …” with publication date: October 09, 2017.

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