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Mitie Group (LON:MTO) was upgraded by investment analysts at HSBC to a “neutral” rating in a note issued to investors on Wednesday, Stock Ratings Network.com reports. The firm currently has a GBX 325 ($5.33) price target on the stock, up from their previous price target of GBX 275 ($4.51). HSBC’s price objective would indicate a potential downside of 0.76% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Analysts at Cantor Fitzgerald Europe downgraded shares of Mitie Group to a “hold” rating in a research note to investors on Monday. They now have a GBX 330 ($5.42) price target on the stock. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 300.83 ($4.94).

Mitie Group (LON:MTO) opened at 330.60 on Wednesday. Mitie Group has a 1-year low of GBX 245.60 and a 1-year high of GBX 331.00. The stock’s 50-day moving average is GBX 312.9 and its 200-day moving average is GBX 296.. The company’s market cap is £1.191 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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