Mitie Group PLC Receives Consensus Recommendation of “Hold” from Brokerages (LON:MTO)
Shares of Mitie Group PLC (LON:MTO) have earned an average rating of “Hold” from the ten brokerages that are covering the stock, Analyst Ratings News reports. One research analyst has rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is GBX 323.75 ($5.36).
Mitie Group PLC (LON:MTO) opened at 314.60 on Friday. Mitie Group PLC has a 52-week low of GBX 275.50 and a 52-week high of GBX 345.90. The stock has a 50-day moving average of GBX 310.0 and a 200-day moving average of GBX 320.3. The company’s market cap is £1.131 billion.
A number of research firms have recently commented on MTO. Analysts at Investec reiterated a “buy” rating on shares of Mitie Group PLC in a research note on Monday, August 11th. They now have a GBX 360 ($5.96) price target on the stock. Separately, analysts at Oriel Securities Ltd reiterated a “hold” rating on shares of Mitie Group PLC in a research note on Monday, August 11th. Finally, analysts at Liberum Capital reiterated a “sell” rating on shares of Mitie Group PLC in a research note on Monday, August 4th. They now have a GBX 280 ($4.63) price target on the stock.
Mitie Group PLC is a holding company. The principal activity of the Company is to provide management services.
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