Mitie Group Receives Buy Rating from UBS AG (MTO)
Mitie Group (LON:MTO)‘s stock had its “buy” rating reaffirmed by investment analysts at UBS AG in a note issued to investors on Wednesday, ARN reports. They currently have a GBX 305 ($4.89) price target on the stock. UBS AG’s price target suggests a potential upside of 5.03% from the company’s current price.
A number of other analysts have also recently weighed in on MTO. Analysts at Jefferies Group reiterated a “hold” rating on shares of Mitie Group (LON:MTO) in a research note to investors on Wednesday. They now have a GBX 285 ($4.57) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Mitie Group (LON:MTO) in a research note to investors on Monday, September 16th. They now have a GBX 270 ($4.32) price target on the stock. Finally, analysts at Liberum Capital reiterated a “sell” rating on shares of Mitie Group (LON:MTO) in a research note to investors on Thursday, August 29th. They now have a GBX 240 ($3.84) price target on the stock.
Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company. Mitie Group presently has a consensus rating of “Hold” and a consensus target price of GBX 289.13 ($4.63).
Mitie Group (LON:MTO) opened at 292.30 on Wednesday. Mitie Group has a 52-week low of GBX 245.60 and a 52-week high of GBX 303.00. The stock’s 50-day moving average is GBX 281.7 and its 200-day moving average is GBX 272.5. The company’s market cap is £1.057 billion.
MITIE Group PLC is a holding company. The Company provides management services. It is focused on the provision of outsourcing and energy services in support of the buildings, facilities and infrastructure of its clients.
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