MITIE Group PLC Rating Reiterated by Investec (MTO)
MITIE Group PLC (LON:MTO)‘s stock had its “buy” rating reiterated by research analysts at Investec in a report released on Monday. They currently have a GBX 360 ($6.06) price objective on the stock. Investec’s price target indicates a potential upside of 15.76% from the company’s current price.
MITIE Group PLC (LON:MTO) opened at 311.50 on Monday. MITIE Group PLC has a one year low of GBX 245.60 and a one year high of GBX 345.90. The stock’s 50-day moving average is GBX 318.4 and its 200-day moving average is GBX 318.. The company’s market cap is £1.123 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group reiterated a “hold” rating on shares of MITIE Group PLC in a research note on Wednesday, April 2nd. They now have a GBX 315 ($5.30) price target on the stock. Separately, analysts at Citigroup Inc. raised their price target on shares of MITIE Group PLC from GBX 270 ($4.54) to GBX 320 ($5.38) in a research note on Thursday, March 20th. They now have a “neutral” rating on the stock. Finally, analysts at RBC Capital reiterated a “sector perform” rating on shares of MITIE Group PLC in a research note on Wednesday, March 12th. They now have a GBX 280 ($4.71) price target on the stock. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. MITIE Group PLC has a consensus rating of “Hold” and a consensus price target of GBX 307.78 ($5.18).
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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