---
title: "Monadelphous Group Limited (8MP) was downgraded to a Hold Rating at RBC Capital"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293549124.md"
description: "RBC Capital analyst Nicholas Daish downgraded Monadelphous Group Limited (8MP) to a Hold rating with a price target of A$31.00, as reported on July 21. The stock closed at A$29.74 the previous Monday. This aligns with the current analyst consensus of Hold and an average price target of €17.83."
datetime: "2026-07-23T01:47:35.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293549124.md)
  - [en](https://longbridge.com/en/news/293549124.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293549124.md)
generator: "portal-rs"
---

# Monadelphous Group Limited (8MP) was downgraded to a Hold Rating at RBC Capital

In a report released on July 21, Nicholas Daish from RBC Capital downgraded Monadelphous Group Limited to a Hold, with a price target of A$31.00. The company’s shares closed last Monday at A$29.74.

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Daish covers the Industrials sector, focusing on stocks such as Ventia Services Group Limited, SGH, and Service Stream Limited. According to TipRanks, Daish has an average return of 21.5% and an 86.21% success rate on recommended stocks. 

Currently, the analyst consensus on Monadelphous Group Limited is a Hold with an average price target of €17.83.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**