Mitie Group PLC’s (MTO) “Reduce” Rating Reaffirmed at Numis Securities Ltd
Numis Securities Ltd reissued their reduce rating on shares of Mitie Group PLC (LON:MTO) in a research report released on Tuesday morning. Numis Securities Ltd currently has a GBX 166 ($2.17) target price on the stock.
Other research analysts also recently issued reports about the stock. Liberum Capital lifted their target price on shares of Mitie Group PLC from GBX 250 ($3.26) to GBX 290 ($3.79) and gave the stock a hold rating in a research note on Tuesday, May 24th. Canaccord Genuity decreased their target price on shares of Mitie Group PLC from GBX 300 ($3.92) to GBX 270 ($3.52) and set a buy rating on the stock in a research note on Monday. Barclays PLC decreased their target price on shares of Mitie Group PLC from GBX 275 ($3.59) to GBX 250 ($3.26) and set an underweight rating on the stock in a research note on Monday, June 20th. Finally, Peel Hunt reaffirmed a sell rating and issued a GBX 254 ($3.32) target price on shares of Mitie Group PLC in a research note on Monday. Three research analysts have rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. Mitie Group PLC presently has a consensus rating of Hold and a consensus price target of GBX 254.50 ($3.32).
Mitie Group PLC (LON:MTO) opened at 186.70 on Tuesday. The firm has a 50 day moving average of GBX 259.40 and a 200-day moving average of GBX 263.45. The company’s market capitalization is GBX 661.66 million. Mitie Group PLC has a 1-year low of GBX 186.32 and a 1-year high of GBX 341.00.
Mitie Group PLC Company Profile
Mitie Group PLC is a United Kingdom-based holding company that provides management services. Its activities are focused on the provision of strategic outsourcing services. It operates in the Republic of Ireland, the Isle of Man, Guernsey, Spain and Belgium, among others. It operates in four segments: facilities management, property management, healthcare and energy solutions.
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