Societe Generale reiterated their buy rating on shares of Mitie Group PLC (LON:MTO) in a report published on Monday morning. Societe Generale currently has a GBX 270 ($3.34) target price on the stock.
MTO has been the subject of a number of other reports. Barclays PLC cut their price objective on Mitie Group PLC from GBX 250 ($3.09) to GBX 166 ($2.05) and set an underweight rating for the company in a report on Tuesday, September 20th. Canaccord Genuity cut their price objective 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. Peel Hunt reiterated a sell rating and issued a GBX 254 ($3.14) price objective on shares of Mitie Group PLC in a report on Monday, September 19th. Numis Securities Ltd reiterated a reduce rating and issued a GBX 166 ($2.05) price objective on shares of Mitie Group PLC in a report on Tuesday, September 20th. Finally, Liberum Capital reiterated a hold rating and issued a GBX 240 ($2.97) price objective on shares of Mitie Group PLC in a report on Monday, September 19th. Three analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of GBX 240.10 ($2.97).
Shares of Mitie Group PLC (LON:MTO) opened at 199.80 on Monday. Mitie Group PLC has a 52 week low of GBX 178.00 and a 52 week high of GBX 341.00. The stock’s 50 day moving average price is GBX 231.98 and its 200-day moving average price is GBX 254.59. The firm’s market capitalization is GBX 708.09 million.
About Mitie Group PLC
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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