Mitie Group PLC (MTO) Stock Rating Reaffirmed by Peel Hunt
Several other equities analysts also recently commented on MTO. Barclays PLC cut their price objective on Mitie Group PLC from GBX 275 ($3.40) to GBX 250 ($3.09) and set an underweight rating on the stock in a research report on Monday, June 20th. Liberum Capital reiterated a hold rating and issued a GBX 240 ($2.97) target price on shares of Mitie Group PLC in a report on Monday, September 19th. Canaccord Genuity lowered their target price on Mitie Group PLC from GBX 300 ($3.71) to GBX 270 ($3.34) and set a buy rating for the company in a report on Monday, September 19th. Finally, Numis Securities Ltd reiterated a reduce rating and issued a GBX 166 ($2.05) target price on shares of Mitie Group PLC in a report on Tuesday, September 20th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company’s stock. Mitie Group PLC has a consensus rating of Hold and a consensus price target of GBX 240.10 ($2.97).
Shares of Mitie Group PLC (LON:MTO) opened at 198.60 on Monday. The company has a 50-day moving average price of GBX 228.93 and a 200 day moving average price of GBX 254.10. Mitie Group PLC has a 12-month low of GBX 178.00 and a 12-month high of GBX 341.00. The company’s market capitalization is GBX 703.84 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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