Mitie Group PLC’s (MTO) “Hold” Rating Reiterated at Peel Hunt

Mitie Group PLC (LON:MTO)‘s stock had its “hold” rating reaffirmed by research analysts at Peel Hunt in a report issued on Tuesday. They presently have a GBX 253 ($3.33) price objective on the stock. Peel Hunt’s price objective points to a potential upside of 10.14% from the stock’s current price.

Several other analysts have also recently weighed in on MTO. Liberum Capital raised shares of Mitie Group PLC to a “buy” rating and set a GBX 300 ($3.95) price objective on the stock in a research note on Thursday, July 27th. Canaccord Genuity reissued a “buy” rating and set a GBX 300 ($3.95) price target on shares of Mitie Group PLC in a research note on Thursday, July 27th. Jefferies Group LLC increased their price target on shares of Mitie Group PLC from GBX 175 ($2.30) to GBX 220 ($2.89) and gave the company an “underperform” rating in a research note on Friday, August 11th. Finally, Numis Securities Ltd reissued a “reduce” rating and set a GBX 225 ($2.96) price target on shares of Mitie Group PLC in a research note on Thursday, September 21st. Four 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 stock has a consensus rating of “Hold” and an average target price of GBX 232 ($3.05).

Shares of Mitie Group PLC (LON:MTO) opened at GBX 229.70 ($3.02) on Tuesday. Mitie Group PLC has a 52 week low of GBX 165 ($2.17) and a 52 week high of GBX 313.50 ($4.12).

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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. The Company operates through various segments, including Soft FM, Hard FM and Property Management. The Company’s Soft FM segment includes cleaning and environmental services, security, catering and front of house services.

Analyst Recommendations for Mitie Group PLC (LON:MTO)

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