Monitise PLC (MONIF)

[realfast95]

Monitise Plc Price Target Cut to GBX 42 (MONI)

Posted by Joseph Griffin on Aug 14th, 2014

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.

http://tickerreport.com/banking-finance/276473/monitise-plc-price-target-cut-to-gbx-42-moni/