Mitie Group PLC (LON:MTO) has earned a consensus rating of “Hold” from the eight research firms that are presently covering the stock. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is GBX 264.38 ($3.45).
Several equities research analysts have commented on MTO shares. Peel Hunt reissued a “sell” rating and set a GBX 254 ($3.32) price target on shares of Mitie Group PLC in a research report on Monday, May 23rd. Liberum Capital boosted their price target 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 report on Tuesday, May 24th. Canaccord Genuity reaffirmed a “buy” rating and issued a GBX 300 ($3.92) target price on shares of Mitie Group PLC in a report on Monday, May 23rd. Barclays PLC dropped 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 report on Monday, June 20th. Finally, Numis Securities Ltd reaffirmed 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.
Shares of Mitie Group PLC (LON:MTO) opened at 188.40 on Thursday. Mitie Group PLC has a 12-month low of GBX 187.00 and a 12-month high of GBX 341.00. The firm’s 50-day moving average price is GBX 260.97 and its 200-day moving average price is GBX 264.07. The firm’s market capitalization is GBX 667.69 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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