Mitie Group Rating Reiterated by Liberum Capital (MTO)
Mitie Group (LON:MTO)‘s stock had its “sell” rating reiterated by research analysts at Liberum Capital in a report released on Friday, Stock Ratings News reports. They currently have a GBX 240 ($3.83) target price on the stock. Liberum Capital’s price objective would indicate a potential downside of 22.30% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at RBC Capital reiterated a “sector perform” rating on shares of Mitie Group in a research note to investors on Monday. They now have a GBX 280 ($4.47) price target on the stock. Separately, analysts at Seymour Pierce reiterated a “buy” rating on shares of Mitie Group in a research note to investors on Thursday, September 26th. They now have a GBX 330 ($5.27) price target on the stock. Finally, analysts at Cantor Fitzgerald reiterated a “buy” rating on shares of Mitie Group in a research note to investors on Thursday, September 26th. They now have a GBX 330 ($5.27) price target on the stock. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the company’s stock. Mitie Group presently has an average rating of “Hold” and an average price target of GBX 292.20 ($4.66).
Mitie Group (LON:MTO) traded up 3.66% during mid-day trading on Friday, hitting GBX 308.90. The stock had a trading volume of 635,030 shares. Mitie Group has a 52-week low of GBX 245.60 and a 52-week high of GBX 313.80. The stock has a 50-day moving average of GBX 281.7 and a 200-day moving average of GBX 272.5. The company’s market cap is £1.117 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.