Share on StockTwits

Mitie Group (LON:MTO) was downgraded by analysts at Cantor Fitzgerald Europe to a “hold” rating in a research report issued to clients and investors on Monday, Analyst Ratings Network reports. They currently have a GBX 330 ($5.42) price target on the stock. Cantor Fitzgerald Europe’s price objective indicates a potential upside of 0.58% from the company’s current price.

Mitie Group (LON:MTO) traded up 0.37% during mid-day trading on Monday, hitting GBX 329.30. 413,185 shares of the company’s stock traded hands. Mitie Group has a 52 week low of GBX 245.60 and a 52 week high of GBX 330.40. The stock has a 50-day moving average of GBX 311. and a 200-day moving average of GBX 294.5. The company’s market cap is £1.187 billion.

Several other analysts have also recently commented on the stock. Analysts at Liberum Capital reiterated a “sell” rating on shares of Mitie Group in a research note to investors on Friday, January 10th. They now have a GBX 280 ($4.60) price target on the stock. Separately, analysts at UBS AG downgraded shares of Mitie Group to a “neutral” rating in a research note to investors on Wednesday, November 27th. They now have a GBX 320 ($5.25) price target on the stock, up previously from GBX 305 ($5.01). Finally, analysts at Jefferies Group raised their price target on shares of Mitie Group from GBX 285 ($4.68) to GBX 315 ($5.17) in a research note to investors on Friday, November 22nd. They now have a “hold” rating on the stock. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company’s stock. Mitie Group has an average rating of “Hold” and an average target price of GBX 296.67 ($4.87).

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.