Monitise Plc logoInvestment analysts at Berenberg Bank lowered their price objective on shares of Monitise Plc (LON:MONI) from GBX 74 ($1.24) to GBX 42 ($0.70) in a note issued to investors on Thursday. The firm currently has a “hold” rating on the stock. Berenberg Bank’s target price suggests a potential upside of 0.99% from the stock’s previous close.
Shares of Monitise Plc (LON:MONI) opened at 41.5876 on Thursday. Monitise Plc has a 1-year low of GBX 37.50 and a 1-year high of GBX 78.425. The stock’s 50-day moving average is GBX 46.08 and its 200-day moving average is GBX 62.51.
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