MITIE Group PLC Receives Average Recommendation of “Hold” from Analysts (LON:MTO)
Shares of MITIE Group PLC (LON:MTO) have been given an average rating of “Hold” by the nine analysts that are covering the company, Analyst Ratings.Net reports. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is GBX 323.75 ($5.54).
A number of analysts have recently weighed in on MTO shares. Analysts at HSBC reiterated a “neutral” rating on shares of MITIE Group PLC in a research note on Thursday, July 10th. They now have a GBX 330 ($5.65) price target on the stock. Separately, analysts at RBC Capital reiterated a “sector performer” rating on shares of MITIE Group PLC in a research note on Tuesday, July 8th. They now have a GBX 325 ($5.56) price target on the stock. Finally, analysts at WH Ireland initiated coverage on shares of MITIE Group PLC in a research note on Tuesday, July 8th. They set an “add” rating on the stock.
MITIE Group PLC (LON:MTO) opened at 310.70 on Friday. MITIE Group PLC has a one year low of GBX 262.80 and a one year high of GBX 345.90. The stock’s 50-day moving average is GBX 322.2 and its 200-day moving average is GBX 322.6. 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.
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