Peel Hunt reissued their sell rating on shares of Mitie Group PLC (LON:MTO) in a research report released on Monday morning. The brokerage currently has a GBX 254 ($3.32) target price on the stock.

Analyst Recommendations for Mitie Group PLC (LON:MTO)

A number of other equities research analysts have also recently commented on the company. Barclays PLC reissued an underweight rating and issued a GBX 250 ($3.26) price objective on shares of Mitie Group PLC in a research note on Monday, July 25th. Liberum Capital restated a hold rating and issued a GBX 240 ($3.13) target price on shares of Mitie Group PLC in a report on Monday. Canaccord Genuity dropped their target price on Mitie Group PLC from GBX 300 ($3.92) to GBX 270 ($3.52) and set a buy rating on the stock in a report on Monday. Finally, Numis Securities Ltd restated a reduce rating and issued a GBX 245 ($3.20) target price on shares of Mitie Group PLC in a report on Tuesday, May 24th. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. Mitie Group PLC currently has an average rating of Hold and a consensus price target of GBX 254.50 ($3.32).

Mitie Group PLC (LON:MTO) opened at 181.96 on Monday. The firm has a 50-day moving average price of GBX 255.89 and a 200-day moving average price of GBX 262.10. Mitie Group PLC has a one year low of GBX 179.30 and a one year high of GBX 341.00. The firm’s market capitalization is GBX 644.86 million.

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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