Mitsubishi Estate Co Ltd (MITEY) Upgraded to Buy at Zacks Investment Research

Mitsubishi Estate Co Ltd (OTCMKTS:MITEY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday, May 23rd. The firm currently has a $21.00 price objective on the stock. Zacks Investment Research‘s price target would suggest a potential upside of 9.78% from the stock’s previous close.

Mitsubishi Estate Co (OTCMKTS:MITEY) traded down 1.65% during mid-day trading on Tuesday, reaching $19.13. 38,937 shares of the company traded hands. The stock has a market capitalization of $26.55 billion and a price-to-earnings ratio of 28.42. Mitsubishi Estate Co has a 12-month low of $17.10 and a 12-month high of $21.03. The company’s 50-day moving average is $19.11 and its 200-day moving average is $19.41.

COPYRIGHT VIOLATION NOTICE: This piece of content was originally published by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this piece of content on another domain, it was copied illegally and republished in violation of United States and international trademark and copyright legislation. The legal version of this piece of content can be accessed at

About Mitsubishi Estate Co

Mitsubishi Estate Co, Ltd. is engaged in the development of real estate, including office buildings, residential properties and commercial properties. The Building Business segment is engaged in the development, leasing and property management of office buildings. Its Lifestyle Property segment operates the PREMIUM OUTLETS, MARK IS and other retail facilities.

Get a free copy of the Zacks research report on Mitsubishi Estate Co (MITEY)

For more information about research offerings from Zacks Investment Research, visit

Receive News & Ratings for Mitsubishi Estate Co Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mitsubishi Estate Co Ltd and related companies with's FREE daily email newsletter.

Latest News

Leave a Reply