Mitie Group PLC (LON:MTO)‘s stock had its “sell” rating restated by investment analysts at Peel Hunt in a report issued on Monday.

Several other research firms have also weighed in on MTO. Liberum Capital reaffirmed a “hold” rating and set a GBX 240 ($3.00) price objective on shares of Mitie Group PLC in a report on Monday, September 19th. Canaccord Genuity dropped their price objective on shares of Mitie Group PLC from GBX 300 ($3.75) to GBX 270 ($3.37) and set a “buy” rating for the company in a report on Monday, September 19th. Barclays PLC reaffirmed an “underweight” rating and set a GBX 250 ($3.12) price objective on shares of Mitie Group PLC in a report on Monday, July 25th. Royal Bank Of Canada lowered shares of Mitie Group PLC to an “underperform” rating and dropped their price objective for the stock from GBX 195 ($2.44) to GBX 160 ($2.00) in a report on Wednesday, November 16th. Finally, Citigroup Inc. dropped their price objective on shares of Mitie Group PLC from GBX 280 ($3.50) to GBX 210 ($2.62) and set a “neutral” rating for the company in a report on Thursday, October 13th. Four equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of GBX 229.10 ($2.86).

Analyst Recommendations for Mitie Group PLC (LON:MTO)

Shares of Mitie Group PLC (LON:MTO) opened at 201.00 on Monday. The firm’s market cap is GBX 712.34 million. The stock’s 50 day moving average price is GBX 206.77 and its 200-day moving average price is GBX 242.37. Mitie Group PLC has a 12 month low of GBX 165.00 and a 12 month high of GBX 320.00.

The firm also recently announced a dividend, which will be paid on Wednesday, February 1st. Shareholders of record on Thursday, December 15th will be issued a dividend of GBX 4 ($0.05) per share. This represents a yield of 2.11%. The ex-dividend date of this dividend is Thursday, December 15th.

In other Mitie Group PLC news, insider Phillip Bentley bought 1,852,656 shares of the stock in a transaction on Monday, November 21st. The stock was purchased at an average price of GBX 194 ($2.42) per share, with a total value of £3,594,152.64 ($4,490,445.58).

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Mitie Group PLC Company Profile

Mitie Group plc is a holding company. The Company is engaged in providing management services. The Company focuses on providing strategic outsourcing services. It operates through the segments, including Soft FM, Hard FM, Property Management and Healthcare. Its Soft FM segment includes cleaning and environmental services, security, catering and front of house services.

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