Mitie Group PLC (MTO) Given Buy Rating at Societe Generale
Societe Generale restated their buy rating on shares of Mitie Group PLC (LON:MTO) in a research report report published on Monday morning. They currently have a GBX 270 ($3.34) target price on the stock.
Several other analysts have also commented on MTO. Peel Hunt restated a sell rating and set a GBX 254 ($3.14) price target on shares of Mitie Group PLC in a research report on Monday, September 19th. Liberum Capital restated a hold rating and set a GBX 240 ($2.97) price target on shares of Mitie Group PLC in a research report on Monday, September 19th. Canaccord Genuity dropped their price target on shares of Mitie Group PLC from GBX 300 ($3.71) to GBX 270 ($3.34) and set a buy rating on the stock in a research report on Monday, September 19th. Barclays PLC dropped their price target on shares of 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. Finally, Numis Securities Ltd restated a reduce rating and set a GBX 166 ($2.05) price target on shares of Mitie Group PLC in a research report on Tuesday, September 20th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of GBX 256.22 ($3.17).
Shares of Mitie Group PLC (LON:MTO) opened at 198.60 on Monday. The stock has a 50 day moving average of GBX 234.63 and a 200-day moving average of GBX 255.26. The company’s market capitalization is GBX 703.84 million. Mitie Group PLC has a 12-month low of GBX 178.00 and a 12-month high of GBX 341.00.
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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