Mitie Group PLC Research Coverage Started at Canaccord Genuity (MTO)
Analysts at Canaccord Genuity initiated coverage on shares of Mitie Group PLC (LON:MTO) in a research report issued to clients and investors on Monday. The firm set a “buy” rating and a GBX 350 ($5.81) price target on the stock. Canaccord Genuity’s price target suggests a potential upside of 10.83% from the company’s current price.
MTO has been the subject of a number of other recent research reports. 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 ($5.97) 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 ($4.65) price target on the stock. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of GBX 326.25 ($5.41).
Mitie Group PLC (LON:MTO) opened at 318.80 on Monday. Mitie Group PLC has a 52-week low of GBX 276.10 and a 52-week high of GBX 345.90. The stock has a 50-day moving average of GBX 310.4 and a 200-day moving average of GBX 320.2. The company’s market cap is £1.146 billion.
Mitie Group PLC is a holding company. The principal activity of the Company is to provide management services.
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