Mirvac Group Receives Neutral Rating from Credit Suisse (MGR)
Mirvac Group (ASX: MGR)‘s stock had its “neutral” rating reiterated by equities research analysts at Credit Suisse in a research note issued to investors on Friday. They currently have a $1.68 (2 AUD) price target on the stock.
A number of other firms have also recently commented on MGR. Analysts at JPMorgan Chase reiterated a “neutral” rating on shares of Mirvac Group in a research note to investors on Thursday, February 7th. They now have a $1.65 price target on the stock. Analysts at Macquarie reiterated a “neutral” rating on shares of Mirvac Group in a research note to investors on Tuesday, December 18th. They now have a $1.57 price target on the stock.
Shares of Mirvac Group traded down 1.83% during mid-day trading on Friday, hitting A$1.610. Mirvac Group has a one year low of A$1.155 and a one year high of A$1.670. The stock’s 50-day moving average is currently A$1.5. The company has a market cap of A$5.507 billion and a P/E ratio of 19.07.
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