Mirvac Group (MGR) Stock Recommendation

Merrill Lynch have a Neutral, Low Risk rating for Mirvac Group (MGR) shares. Their result has exceeded guidance and the brokr believes that the company is "back on track". The stockbroker has a valuation of $4.45 (up 13 cents) for Mirvac. Meanwhile, SB Citigroup has a Hold, Medium Risk stock recommendation for the company with a share price target of $4.23.

Mirvac Group Limited is listed on the Australian Stock Exchange (ASX) under stock code MGR. You can view their investor website here. The company listed on the ASX on 16 June, 1999. Mirvac is a property investment and management, hotel ownership and management and property development company. Find out the meaning of the recommendations in this primer. Browse for other broker recommendations. Check your charts and good luck with your share trading!