Mitie Group Receives Neutral/Neutral Rating from Goldman Sachs (MTO)
Mitie Group (LON: MTO)‘s stock had its “neutral/neutral” rating reaffirmed by research analysts at Goldman Sachs in a report released on Wednesday. They currently have a $5.58 (360 GBX) target price on the stock.
Shares of Mitie Group opened at 293.80 on Wednesday. Mitie Group has a one year low of GBX 252.50 and a one year high of GBX 303.00. The stock’s 50-day moving average is currently GBX 290.2. The company’s market cap is £1.056 billion.
MTO has been the subject of a number of other recent research reports. Analysts at Numis Securities Ltd reiterated a “reduce” rating on shares of Mitie Group in a research note to investors on Wednesday, January 16th. They now have a $3.94 price target on the stock. Separately, analysts at Liberum Capital reiterated a “sell” rating on shares of Mitie Group in a research note to investors on Wednesday, January 9th. They now have a $3.85 price target on the stock. Finally, analysts at HSBC upgraded shares of Mitie Group to a “neutral” rating in a research note to investors on Thursday, December 6th. They now have a $4.43 price target on the stock.
MITIE Group PLC is a holding company. The Company provides management services. It is focused on the provision of outsourcing and energy services in support of the buildings, facilities and infrastructure of its clients.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.